AMD vs DMC: Correlation
Measured on weekly returns over the past three years, Advanced Micro Devices (AMD) and Del Monte Corporation (DMC) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMD and DMC?
Across a 3-year window, the weekly returns of AMD and DMC correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. Stretching to 5 years gives -0.07, with an annualized covariance of -263.5 %².
Out of 33 assets tracked against AMD, DMC lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months AMD outperformed by 196.3 percentage points (+185.2% for AMD against -11.1% for DMC). One caveat on sizing: AMD is 2.2 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.
AMD vs DMC: side by side
| AMD (Advanced Micro Devices) | DMC (Del Monte Corporation) | |
|---|---|---|
| 1-year return | +185.2% | -11.1% |
| 5-year return | +328.2% | +13.3% |
| Volatility (ann.) | 55.7% | 25.4% |
| Beta vs S&P 500 | 2.04 | -0.11 |
| Max drawdown (3Y) | -63.0% | -36.5% |
| Market cap | $778.2B | $1.5B |
| P/E (trailing) | 121.9 | 44.2 |
| Dividend yield | 0.00% | 3.80% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AMD | DMC |
|---|---|---|
| 2022 | -55.0% | -3.0% |
| 2023 | +127.6% | +3.1% |
| 2024 | -18.1% | +31.3% |
| 2025 | +77.3% | +11.1% |
| 2026 | +122.6% | -9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMD and DMC good diversifiers for each other?
Yes. With a correlation of -0.19, AMD and DMC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMD and DMC?
As of 2026-08-27, the correlation of weekly returns between AMD and DMC is -0.19 over 3 years, -0.23 over 1 year and -0.07 over 5 years.
Is DMC a good diversifier for AMD?
Yes. With a correlation of -0.19, AMD and DMC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/amd-vs-dmc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amd-vs-dmc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMD correlations · DMC correlations
