AMCI vs CNCK: Correlation
Measured on weekly returns over the past three years, AMC Robotics Corporation (AMCI) and Coincheck Group N.V. (CNCK) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCI and CNCK?
Over the past 3 years, AMCI and CNCK moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.21 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3148.2 %².
Among the 20 assets we track against AMCI, CNCK ranks #11 by 3-year correlation. On 12-month performance CNCK holds a 6.5-point edge, -66.2% against -59.7%. Risk is not evenly split, since AMCI carries 1.8 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.
AMCI vs CNCK: side by side
| AMCI (AMC Robotics Corporation) | CNCK (Coincheck Group N.V.) | |
|---|---|---|
| 1-year return | -66.2% | -59.7% |
| 5-year return | n/a | -78.6% |
| Volatility (ann.) | 168.1% | 91.0% |
| Beta vs S&P 500 | 0.40 | 0.99 |
| Max drawdown (3Y) | -87.8% | -89.9% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMCI | CNCK |
|---|---|---|
| 2022 | – | +1.8% |
| 2023 | – | +2.9% |
| 2024 | +6.4% | -13.0% |
| 2025 | -30.6% | -71.7% |
| 2026 | -48.8% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCI and CNCK good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMCI and CNCK?
As of 2026-08-27, the correlation of weekly returns between AMCI and CNCK is -0.21 over 3 years, -0.25 over 1 year and n/a over 5 years.
Is CNCK a good diversifier for AMCI?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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.
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Related comparisons
Hubs: AMCI correlations · CNCK correlations
