AM vs RVTY: Correlation
How closely do Antero Midstream Corporation (AM) and Revvity (RVTY) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AM and RVTY?
Across a 3-year window, the weekly returns of AM and RVTY correlate at -0.20, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Stretching to 5 years gives 0.01, with an annualized covariance of -156.7 %².
Out of 15 assets tracked against AM, RVTY lands near the bottom at #11. On 12-month performance RVTY holds a 13.7-point edge, +33.1% against +46.8%. Risk is not evenly split, since RVTY carries 1.5 times the volatility of the other side.
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.
AM vs RVTY: side by side
| AM (Antero Midstream Corporation) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +33.1% | +46.8% |
| 5-year return | +230.4% | -30.2% |
| Volatility (ann.) | 22.6% | 34.2% |
| Beta vs S&P 500 | 0.24 | 0.81 |
| Max drawdown (3Y) | -14.0% | -35.3% |
| Market cap | $10.7B | $14.5B |
| P/E (trailing) | 27.1 | 62.4 |
| Dividend yield | 3.98% | 0.22% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AM | RVTY |
|---|---|---|
| 2022 | +22.0% | -30.1% |
| 2023 | +25.7% | -21.9% |
| 2024 | +28.5% | +2.4% |
| 2025 | +24.4% | -13.1% |
| 2026 | +30.9% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AM and RVTY good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between AM and RVTY?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.27 over the last year and 0.01 over 5 years.
Is RVTY a good diversifier for AM?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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/am-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/am-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AM correlations · RVTY correlations
