AMCR vs ATR: Correlation
Amcor (AMCR) and AptarGroup, Inc. (ATR) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCR and ATR?
Across a 3-year window, the weekly returns of AMCR and ATR correlate at 0.58, moderate. The link has tightened recently: the 1-year correlation (0.74) runs above the 3-year figure (0.58). Stretching to 5 years gives 0.58, with an annualized covariance of 297.0 %².
ATR is one of the assets that tracks AMCR most closely: it ranks #3 out of the 36 assets we track against AMCR. Their recent paths diverged sharply: over the last 12 months AMCR outperformed by 15.9 percentage points (+12.6% for AMCR against -3.3% for ATR).
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.
AMCR vs ATR: side by side
| AMCR (Amcor) | ATR (AptarGroup, Inc.) | |
|---|---|---|
| 1-year return | +12.6% | -3.3% |
| 5-year return | -9.8% | +4.9% |
| Volatility (ann.) | 24.5% | 21.0% |
| Beta vs S&P 500 | 0.46 | 0.53 |
| Max drawdown (3Y) | -32.0% | -35.2% |
| Market cap | $21.5B | $8.4B |
| P/E (trailing) | 19.8 | 24.4 |
| Dividend yield | 5.51% | 1.40% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | AMCR | ATR |
|---|---|---|
| 2022 | +3.2% | -8.9% |
| 2023 | -15.0% | +13.9% |
| 2024 | +2.6% | +28.6% |
| 2025 | -9.0% | -21.4% |
| 2026 | +14.9% | +10.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCR and ATR good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMCR and ATR?
As of 2026-08-27, the correlation of weekly returns between AMCR and ATR is 0.58 over 3 years, 0.74 over 1 year and 0.58 over 5 years.
Is ATR a good diversifier for AMCR?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amcr-vs-atr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amcr-vs-atr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMCR correlations · ATR correlations
