AMCI vs PYXS: Correlation
Measured on weekly returns over the past three years, AMC Robotics Corporation (AMCI) and Pyxis Oncology, Inc. (PYXS) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCI and PYXS?
Across a 3-year window, the weekly returns of AMCI and PYXS correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.38) than the 3-year average (-0.27). Stretching to 5 years gives n/a, with an annualized covariance of -5497.1 %².
Among the 20 assets we track against AMCI, PYXS sits near the bottom by co-movement, at rank #16. The last year tells two different stories: PYXS led by 210.3 percentage points, -66.2% for AMCI against +144.1% for PYXS.
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 PYXS: side by side
| AMCI (AMC Robotics Corporation) | PYXS (Pyxis Oncology, Inc.) | |
|---|---|---|
| 1-year return | -66.2% | +144.1% |
| 5-year return | n/a | -74.8% |
| Volatility (ann.) | 168.1% | 120.2% |
| Beta vs S&P 500 | 0.40 | 1.51 |
| Max drawdown (3Y) | -87.8% | -86.7% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMCI | PYXS |
|---|---|---|
| 2022 | – | -87.8% |
| 2023 | – | +34.3% |
| 2024 | +6.4% | -13.3% |
| 2025 | -30.6% | -26.3% |
| 2026 | -48.8% | +188.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCI and PYXS good diversifiers for each other?
Yes. With a correlation of -0.27, AMCI and PYXS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMCI and PYXS?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.38 over the last year and n/a over 5 years.
Is PYXS a good diversifier for AMCI?
Yes. With a correlation of -0.27, AMCI and PYXS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 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/amci-vs-pyxs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amci-vs-pyxs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMCI correlations · PYXS correlations
