PairBook
HomeAMIX › AMIX vs BXC

AMIX vs BXC: Correlation

How closely do Autonomix Medical, Inc. (AMIX) and Bluelinx Holdings Inc. (BXC) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.

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

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
5759.5
%² · weekly, annualized

How correlated are AMIX and BXC?

On 3 years of weekly data the AMIX/BXC correlation comes out at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.48 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 5759.5 %².

Few assets follow AMIX as closely as BXC, which ranks #3 of 23 tracked partners. Correlation aside, the last 12 months split them widely, with BXC ahead by 74.7 points (-77.3% versus -2.6%). One caveat on sizing: AMIX is 2.9 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.

AMIX vs BXC: side by side

AMIX (Autonomix Medical, Inc.)BXC (Bluelinx Holdings Inc.)
1-year return-77.3%-2.6%
5-year returnn/a+33.6%
Volatility (ann.)183.2%62.7%
Beta vs S&P 5001.551.54
Max drawdown (3Y)-99.9%-65.6%
Market cap$0.6B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BXC -65.6% vs -99.9%
-88%0%+4%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AMIX · BXC

Year-by-year returns

YearAMIXBXC
2022-25.7%
2023+59.3%
2024-9.8%
2025-85.4%-39.9%
2026-51.3%+29.8%

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

Are AMIX and BXC good diversifiers for each other?

Reasonably. At 0.48, AMIX and BXC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between AMIX and BXC?

As of 2026-08-27, the correlation of weekly returns between AMIX and BXC is 0.48 over 3 years, 0.64 over 1 year and n/a over 5 years.

Is BXC a good diversifier for AMIX?

Reasonably. At 0.48, AMIX and BXC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.48 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/amix-vs-bxc.json

AMIX vs BXC: 3-year weekly correlation 0.48AMIX vs BXC0.48

Drop this badge in a README or notebook; it updates with the data:

[![AMIX vs BXC correlation](https://www.pairbook.io/api/v1/badge/amix-vs-bxc.svg)](https://www.pairbook.io/pair/amix-vs-bxc/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: AMIX correlations · BXC correlations