AMGN vs KVHI: Correlation
Measured on weekly returns over the past three years, Amgen (AMGN) and KVH Industries, Inc. (KVHI) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMGN and KVHI?
Across a 3-year window, the weekly returns of AMGN and KVHI correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.42 versus -0.24 over 3 years. Stretching to 5 years gives -0.14, with an annualized covariance of -263.4 %².
Out of 31 assets tracked against AMGN, KVHI lands near the bottom at #27. The last year tells two different stories: AMGN led by 16.1 percentage points, +56.0% for AMGN against +39.9% for KVHI. One caveat on sizing: KVHI is 1.6 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.
AMGN vs KVHI: side by side
| AMGN (Amgen) | KVHI (KVH Industries, Inc.) | |
|---|---|---|
| 1-year return | +56.0% | +39.9% |
| 5-year return | +127.8% | -25.9% |
| Volatility (ann.) | 26.3% | 41.7% |
| Beta vs S&P 500 | 0.34 | 0.20 |
| Max drawdown (3Y) | -22.7% | -35.9% |
| Market cap | $236.3B | $0.1B |
| P/E (trailing) | 27.3 | – |
| Dividend yield | 2.23% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | AMGN | KVHI |
|---|---|---|
| 2022 | +20.4% | +11.2% |
| 2023 | +13.5% | -48.5% |
| 2024 | -6.8% | +8.4% |
| 2025 | +29.7% | +22.3% |
| 2026 | +36.2% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMGN and KVHI good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMGN and KVHI?
As of 2026-08-27, the correlation of weekly returns between AMGN and KVHI is -0.24 over 3 years, -0.42 over 1 year and -0.14 over 5 years.
Is KVHI a good diversifier for AMGN?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/amgn-vs-kvhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amgn-vs-kvhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMGN correlations · KVHI correlations
