AMC vs CTNT: Correlation
Measured on weekly returns over the past three years, AMC Entertainment Holdings, Inc. (AMC) and Cheetah Net Supply Chain Service Inc. (CTNT) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMC and CTNT?
Over the past 3 years, AMC and CTNT moved with a correlation of 0.35, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.10 versus 0.35 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 12984.7 %².
By 3-year correlation, CTNT places #6 of the 11 assets tracked against AMC. The last year tells two different stories: AMC led by 94.7 percentage points, -4.9% for AMC against -99.6% for CTNT. One caveat on sizing: CTNT is 5.8 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.
AMC vs CTNT: side by side
| AMC (AMC Entertainment Holdings, Inc.) | CTNT (Cheetah Net Supply Chain Service Inc.) | |
|---|---|---|
| 1-year return | -4.9% | -99.6% |
| 5-year return | -99.4% | n/a |
| Volatility (ann.) | 79.7% | 461.2% |
| Beta vs S&P 500 | 1.44 | 2.82 |
| Max drawdown (3Y) | -93.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMC | CTNT |
|---|---|---|
| 2022 | -85.0% | – |
| 2023 | -85.0% | – |
| 2024 | -35.0% | -85.3% |
| 2025 | -60.8% | -61.4% |
| 2026 | +73.1% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMC and CTNT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AMC and CTNT?
As of 2026-08-27, the correlation of weekly returns between AMC and CTNT is 0.35 over 3 years, -0.10 over 1 year and n/a over 5 years.
Is CTNT a good diversifier for AMC?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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
$ curl https://www.pairbook.io/api/v1/pairs/amc-vs-ctnt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amc-vs-ctnt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMC correlations · CTNT correlations
