AMCX vs MFIN: Correlation
How closely do AMC Global Media Inc. (AMCX) and Medallion Financial Corp. (MFIN) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCX and MFIN?
Over the past 3 years, AMCX and MFIN moved with a correlation of 0.46, which is moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.46 over 3. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 800.2 %².
Few assets follow AMCX as closely as MFIN, which ranks #3 of 12 tracked partners. The last year tells two different stories: AMCX led by 58.3 percentage points, +76.7% for AMCX against +18.4% for MFIN. One caveat on sizing: AMCX is 1.7 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.
AMCX vs MFIN: side by side
| AMCX (AMC Global Media Inc.) | MFIN (Medallion Financial Corp.) | |
|---|---|---|
| 1-year return | +76.7% | +18.4% |
| 5-year return | -74.1% | +74.5% |
| Volatility (ann.) | 54.2% | 32.3% |
| Beta vs S&P 500 | 1.21 | 0.90 |
| Max drawdown (3Y) | -73.1% | -30.8% |
| Market cap | $0.5B | $0.3B |
| P/E (trailing) | – | 8.8 |
| Dividend yield | 0.00% | 4.27% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMCX | MFIN |
|---|---|---|
| 2022 | -54.5% | +28.4% |
| 2023 | +19.9% | +44.0% |
| 2024 | -47.3% | +0.1% |
| 2025 | -3.8% | +15.1% |
| 2026 | +29.7% | +19.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCX and MFIN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AMCX and MFIN?
The AMCX/MFIN correlation stands at 0.46 on a 3-year window (1 year: 0.49, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is MFIN a good diversifier for AMCX?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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/amcx-vs-mfin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amcx-vs-mfin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMCX correlations · MFIN correlations
