AMC vs HOOD: Correlation
Measured on weekly returns over the past three years, AMC Entertainment Holdings, Inc. (AMC) and Robinhood Markets (HOOD) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMC and HOOD?
Across a 3-year window, the weekly returns of AMC and HOOD correlate at 0.40, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Stretching to 5 years gives 0.33, with an annualized covariance of 2257.6 %².
HOOD is one of the assets that tracks AMC most closely: it ranks #1 out of the 11 assets we track against AMC. Over the last 12 months HOOD came out ahead by 11.5 percentage points (-4.9% against +6.6%).
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 HOOD: side by side
| AMC (AMC Entertainment Holdings, Inc.) | HOOD (Robinhood Markets) | |
|---|---|---|
| 1-year return | -4.9% | +6.6% |
| 5-year return | -99.4% | +151.5% |
| Volatility (ann.) | 79.7% | 71.4% |
| Beta vs S&P 500 | 1.44 | 2.88 |
| Max drawdown (3Y) | -93.0% | -57.3% |
| Market cap | – | $98.7B |
| P/E (trailing) | – | 48.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AMC | HOOD |
|---|---|---|
| 2022 | -85.0% | -54.2% |
| 2023 | -85.0% | +56.5% |
| 2024 | -35.0% | +192.5% |
| 2025 | -60.8% | +203.5% |
| 2026 | +73.1% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMC and HOOD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AMC and HOOD?
The AMC/HOOD correlation stands at 0.40 on a 3-year window (1 year: 0.47, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is HOOD a good diversifier for AMC?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/amc-vs-hood.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amc-vs-hood/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMC correlations · HOOD correlations
