AGPU vs FC: Correlation
How closely do Axe Compute Inc. (AGPU) and Franklin Covey Company (FC) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGPU and FC?
On 3 years of weekly data the AGPU/FC correlation comes out at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 2880.9 %².
Among the 13 assets we track against AGPU, FC ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FC outperformed by 27.8 percentage points (-24.4% for AGPU against +3.4% for FC). Note the risk asymmetry: AGPU runs 2.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AGPU vs FC: side by side
| AGPU (Axe Compute Inc.) | FC (Franklin Covey Company) | |
|---|---|---|
| 1-year return | -24.4% | +3.4% |
| 5-year return | -96.8% | -52.7% |
| Volatility (ann.) | 146.2% | 52.1% |
| Beta vs S&P 500 | 1.75 | 1.11 |
| Max drawdown (3Y) | -97.9% | -74.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 135.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGPU | FC |
|---|---|---|
| 2022 | -67.8% | +0.9% |
| 2023 | -46.4% | -6.9% |
| 2024 | -75.1% | -13.7% |
| 2025 | -41.9% | -55.3% |
| 2026 | +44.9% | +21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGPU and FC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGPU and FC?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.48 over the last year and 0.33 over 5 years.
Is FC a good diversifier for AGPU?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agpu-vs-fc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agpu-vs-fc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGPU correlations · FC correlations