AMBP vs SUIG: Correlation
Measured on weekly returns over the past three years, Ardagh Metal Packaging S.A. (AMBP) and Sui Group Holdings Limited (SUIG) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMBP and SUIG?
Over the past 3 years, AMBP and SUIG moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.06 versus -0.26 over 3 years. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -1806.3 %².
Among the 12 assets we track against AMBP, SUIG sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months AMBP outperformed by 130.4 percentage points (+47.0% for AMBP against -83.4% for SUIG). One caveat on sizing: SUIG is 3.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 SUIG: side by side
| AMBP (Ardagh Metal Packaging S.A.) | SUIG (Sui Group Holdings Limited) | |
|---|---|---|
| 1-year return | +47.0% | -83.4% |
| 5-year return | -26.6% | -88.3% |
| Volatility (ann.) | 43.0% | 162.1% |
| Beta vs S&P 500 | 0.71 | 1.61 |
| Max drawdown (3Y) | -39.2% | -89.2% |
| Market cap | $3.1B | $0.1B |
| P/E (trailing) | 103.4 | – |
| Dividend yield | 7.65% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMBP | SUIG |
|---|---|---|
| 2022 | -42.5% | -75.1% |
| 2023 | -11.5% | +19.5% |
| 2024 | -12.4% | -20.3% |
| 2025 | +49.2% | -14.4% |
| 2026 | +32.3% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMBP and SUIG good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMBP and SUIG?
As of 2026-08-27, the correlation of weekly returns between AMBP and SUIG is -0.26 over 3 years, 0.06 over 1 year and -0.18 over 5 years.
Is SUIG a good diversifier for AMBP?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: AMBP correlations · SUIG correlations
