AMG vs TDC: Correlation
Affiliated Managers Group, Inc. (AMG) and Teradata Corporation (TDC) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMG and TDC?
Across a 3-year window, the weekly returns of AMG and TDC correlate at 0.49, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.49 over 3. Stretching to 5 years gives 0.41, with an annualized covariance of 569.7 %².
Among the 13 assets we track against AMG, TDC ranks #7 by 3-year correlation. The last year tells two different stories: AMG led by 27.4 percentage points, +62.7% for AMG against +35.3% for TDC. Risk is not evenly split, since TDC carries 1.7 times the volatility of the other side.
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.
AMG vs TDC: side by side
| AMG (Affiliated Managers Group, Inc.) | TDC (Teradata Corporation) | |
|---|---|---|
| 1-year return | +62.7% | +35.3% |
| 5-year return | +116.5% | -46.9% |
| Volatility (ann.) | 26.6% | 44.0% |
| Beta vs S&P 500 | 0.82 | 0.83 |
| Max drawdown (3Y) | -27.0% | -60.8% |
| Market cap | $9.6B | $2.7B |
| P/E (trailing) | 13.0 | 5.7 |
| Dividend yield | 0.01% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMG | TDC |
|---|---|---|
| 2022 | -3.7% | -20.7% |
| 2023 | -4.4% | +29.3% |
| 2024 | +22.2% | -28.4% |
| 2025 | +55.9% | -2.3% |
| 2026 | +28.5% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMG and TDC good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AMG and TDC?
The AMG/TDC correlation stands at 0.49 on a 3-year window (1 year: 0.49, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is TDC a good diversifier for AMG?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amg-vs-tdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amg-vs-tdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMG correlations · TDC correlations
