AHCO vs AMIX: Correlation
Measured on weekly returns over the past three years, AdaptHealth Corp. (AHCO) and Autonomix Medical, Inc. (AMIX) carry a correlation of -0.32, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHCO and AMIX?
Over the past 3 years, AHCO and AMIX moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.72 versus -0.32 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3626.0 %².
AMIX is close to the least connected end of AHCO's tracked universe, ranking #19 of 21. Their recent paths diverged sharply: over the last 12 months AHCO outperformed by 40.3 percentage points (-37.0% for AHCO against -77.3% for AMIX). Note the risk asymmetry: AMIX runs 3.0 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.
AHCO vs AMIX: side by side
| AHCO (AdaptHealth Corp.) | AMIX (Autonomix Medical, Inc.) | |
|---|---|---|
| 1-year return | -37.0% | -77.3% |
| 5-year return | -75.6% | n/a |
| Volatility (ann.) | 62.0% | 183.2% |
| Beta vs S&P 500 | 0.40 | 1.55 |
| Max drawdown (3Y) | -61.0% | -99.9% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHCO | AMIX |
|---|---|---|
| 2022 | -21.4% | – |
| 2023 | -62.1% | – |
| 2024 | +30.6% | – |
| 2025 | +4.6% | -85.4% |
| 2026 | -41.8% | -51.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHCO and AMIX good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between AHCO and AMIX?
The AHCO/AMIX correlation stands at -0.32 on a 3-year window (1 year: -0.72, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is AMIX a good diversifier for AHCO?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 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/ahco-vs-amix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ahco-vs-amix/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AHCO correlations · AMIX correlations
