AMIX vs CLMT: Correlation
How closely do Autonomix Medical, Inc. (AMIX) and Calumet, Inc (CLMT) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMIX and CLMT?
Over the past 3 years, AMIX and CLMT moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2287.8 %².
By 3-year correlation, CLMT places #16 of the 23 assets tracked against AMIX. The last year tells two different stories: CLMT led by 260.2 percentage points, -77.3% for AMIX against +182.9% for CLMT. One caveat on sizing: AMIX is 3.4 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 CLMT: side by side
| AMIX (Autonomix Medical, Inc.) | CLMT (Calumet, Inc) | |
|---|---|---|
| 1-year return | -77.3% | +182.9% |
| 5-year return | n/a | +582.1% |
| Volatility (ann.) | 183.2% | 53.8% |
| Beta vs S&P 500 | 1.55 | 0.97 |
| Max drawdown (3Y) | -99.9% | -61.9% |
| Market cap | – | $4.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMIX | CLMT |
|---|---|---|
| 2022 | – | +27.9% |
| 2023 | – | +5.9% |
| 2024 | – | +23.2% |
| 2025 | -85.4% | -9.8% |
| 2026 | -51.3% | +130.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMIX and CLMT good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMIX and CLMT?
As of 2026-08-27, the correlation of weekly returns between AMIX and CLMT is -0.23 over 3 years, -0.31 over 1 year and n/a over 5 years.
Is CLMT a good diversifier for AMIX?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/amix-vs-clmt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amix-vs-clmt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMIX correlations · CLMT correlations
