AIRT vs AMIX: Correlation
Air T, Inc. (AIRT) and Autonomix Medical, Inc. (AMIX) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIRT and AMIX?
On 3 years of weekly data the AIRT/AMIX correlation comes out at 0.25, weak. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 2378.8 %².
By 3-year correlation, AMIX places #4 of the 12 assets tracked against AIRT. Correlation aside, the last 12 months split them widely, with AIRT ahead by 118.5 points (+41.2% versus -77.3%). Note the risk asymmetry: AMIX runs 3.6 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.
AIRT vs AMIX: side by side
| AIRT (Air T, Inc.) | AMIX (Autonomix Medical, Inc.) | |
|---|---|---|
| 1-year return | +41.2% | -77.3% |
| 5-year return | -4.1% | n/a |
| Volatility (ann.) | 51.1% | 183.2% |
| Beta vs S&P 500 | 0.05 | 1.55 |
| Max drawdown (3Y) | -49.3% | -99.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | 1.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIRT | AMIX |
|---|---|---|
| 2022 | -1.7% | – |
| 2023 | -31.6% | – |
| 2024 | +18.0% | – |
| 2025 | -4.3% | -85.4% |
| 2026 | +70.8% | -51.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIRT and AMIX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AIRT and AMIX?
Using weekly returns as of 2026-08-27: 0.25 over 3 years, with 0.29 over the last year and n/a over 5 years.
Is AMIX a good diversifier for AIRT?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/airt-vs-amix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/airt-vs-amix/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIRT correlations · AMIX correlations
