AMCI vs IA: Correlation
How closely do AMC Robotics Corporation (AMCI) and Innovative Solutions and Support, Inc. (IA) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCI and IA?
On 3 years of weekly data the AMCI/IA correlation comes out at 0.39, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.39). The 5-year figure is n/a, and annualized covariance runs at 4421.1 %².
Few assets follow AMCI as closely as IA, which ranks #3 of 20 tracked partners. Their recent paths diverged sharply: over the last 12 months IA outperformed by 123.9 percentage points (-66.2% for AMCI against +57.7% for IA). One caveat on sizing: AMCI is 2.5 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.
AMCI vs IA: side by side
| AMCI (AMC Robotics Corporation) | IA (Innovative Solutions and Support, Inc.) | |
|---|---|---|
| 1-year return | -66.2% | +57.7% |
| 5-year return | n/a | +202.0% |
| Volatility (ann.) | 168.1% | 67.2% |
| Beta vs S&P 500 | 0.40 | 1.21 |
| Max drawdown (3Y) | -87.8% | -57.8% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | 20.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMCI | IA |
|---|---|---|
| 2022 | – | +25.3% |
| 2023 | – | +3.8% |
| 2024 | +6.4% | +0.1% |
| 2025 | -30.6% | +121.8% |
| 2026 | -48.8% | +11.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCI and IA 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 AMCI and IA?
As of 2026-08-27, the correlation of weekly returns between AMCI and IA is 0.39 over 3 years, 0.56 over 1 year and n/a over 5 years.
Is IA a good diversifier for AMCI?
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.
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Related comparisons
Hubs: AMCI correlations · IA correlations
