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AMGN vs RSSS: Correlation

Amgen (AMGN) and Research Solutions, Inc (RSSS) show a negative relationship: their 3-year correlation of weekly returns is -0.18.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
-0.04
long-run
Ann. covariance
-186.8
%² · weekly, annualized

How correlated are AMGN and RSSS?

On 3 years of weekly data the AMGN/RSSS correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.18 over 3. The 5-year figure is -0.04, and annualized covariance runs at -186.8 %².

Among the 31 assets we track against AMGN, RSSS ranks #21 by 3-year correlation. The last year tells two different stories: AMGN led by 84.2 percentage points, +56.0% for AMGN against -28.2% for RSSS.

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 RSSS: side by side

AMGN (Amgen)RSSS (Research Solutions, Inc)
1-year return+56.0%-28.2%
5-year return+127.8%-15.0%
Volatility (ann.)26.3%38.5%
Beta vs S&P 5000.340.22
Max drawdown (3Y)-22.7%-48.9%
Market cap$236.3B$0.1B
P/E (trailing)27.314.7
Dividend yield2.23%0.00%
Sector / categoryHealth CareUS Listed
Lower P/E: RSSS 14.7 vs 27.3Higher yield: AMGN 2.23% vs 0.00%Smaller drawdown: AMGN -22.7% vs -48.9%Higher 5y return: AMGN +127.8% vs -15.0%
-35%0%+59%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AMGN · RSSS

Year-by-year returns

YearAMGNRSSS
2022+20.4%-22.0%
2023+13.5%+35.4%
2024-6.8%+59.6%
2025+29.7%-29.2%
2026+36.2%-24.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AMGN and RSSS good diversifiers for each other?

Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between AMGN and RSSS?

The AMGN/RSSS correlation stands at -0.18 on a 3-year window (1 year: -0.27, 5 years: -0.04), computed from weekly returns as of 2026-08-27.

Is RSSS a good diversifier for AMGN?

Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.18 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/amgn-vs-rsss.json

AMGN vs RSSS: 3-year weekly correlation -0.18AMGN vs RSSS-0.18

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Related comparisons

Hubs: AMGN correlations · RSSS correlations