AMBP vs PLUR: Correlation
How closely do Ardagh Metal Packaging S.A. (AMBP) and Pluri Inc. (PLUR) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMBP and PLUR?
On 3 years of weekly data the AMBP/PLUR correlation comes out at 0.33, moderate. The past 12 months show a weaker link (0.21) than the 3-year average (0.33). The 5-year figure is 0.32, and annualized covariance runs at 983.3 %².
Within AMBP's tracked universe of 12 assets, PLUR comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AMBP outperformed by 115.1 percentage points (+47.0% for AMBP against -68.1% for PLUR). Risk is not evenly split, since PLUR carries 1.6 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.
AMBP vs PLUR: side by side
| AMBP (Ardagh Metal Packaging S.A.) | PLUR (Pluri Inc.) | |
|---|---|---|
| 1-year return | +47.0% | -68.1% |
| 5-year return | -26.6% | -93.5% |
| Volatility (ann.) | 43.0% | 69.6% |
| Beta vs S&P 500 | 0.71 | 0.94 |
| Max drawdown (3Y) | -39.2% | -81.9% |
| Market cap | $3.1B | – |
| P/E (trailing) | 103.4 | – |
| Dividend yield | 7.65% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMBP | PLUR |
|---|---|---|
| 2022 | -42.5% | -35.6% |
| 2023 | -11.5% | -38.3% |
| 2024 | -12.4% | -7.8% |
| 2025 | +49.2% | -30.1% |
| 2026 | +32.3% | -48.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMBP and PLUR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AMBP and PLUR?
As of 2026-08-27, the correlation of weekly returns between AMBP and PLUR is 0.33 over 3 years, 0.21 over 1 year and 0.32 over 5 years.
Is PLUR a good diversifier for AMBP?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ambp-vs-plur.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ambp-vs-plur/)
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Related comparisons
Hubs: AMBP correlations · PLUR correlations
