AMC vs CHPT: Correlation
AMC Entertainment Holdings, Inc. (AMC) and ChargePoint Holdings, Inc. (CHPT) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMC and CHPT?
On 3 years of weekly data the AMC/CHPT correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.39 over 3. The 5-year figure is 0.38, and annualized covariance runs at 2392.5 %².
In AMC's tracked universe of 11 assets, CHPT sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months AMC outperformed by 44.2 percentage points (-4.9% for AMC against -49.1% for CHPT).
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.
AMC vs CHPT: side by side
| AMC (AMC Entertainment Holdings, Inc.) | CHPT (ChargePoint Holdings, Inc.) | |
|---|---|---|
| 1-year return | -4.9% | -49.1% |
| 5-year return | -99.4% | -98.6% |
| Volatility (ann.) | 79.7% | 76.7% |
| Beta vs S&P 500 | 1.44 | 2.40 |
| Max drawdown (3Y) | -93.0% | -97.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMC | CHPT |
|---|---|---|
| 2022 | -85.0% | -50.0% |
| 2023 | -85.0% | -75.4% |
| 2024 | -35.0% | -54.3% |
| 2025 | -60.8% | -69.0% |
| 2026 | +73.1% | -12.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMC and CHPT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AMC and CHPT?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.45 over the last year and 0.38 over 5 years.
Is CHPT a good diversifier for AMC?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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
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Related comparisons
Hubs: AMC correlations · CHPT correlations
