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AMIX vs DVA: Correlation

How closely do Autonomix Medical, Inc. (AMIX) and DaVita (DVA) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.

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

Correlation (3Y)
-0.28
negative
Correlation (1Y)
-0.39
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-2079.7
%² · weekly, annualized

How correlated are AMIX and DVA?

On 3 years of weekly data the AMIX/DVA correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.28). The 5-year figure is n/a, and annualized covariance runs at -2079.7 %².

DVA is close to the least connected end of AMIX's tracked universe, ranking #21 of 23. Their recent paths diverged sharply: over the last 12 months DVA outperformed by 107.3 percentage points (-77.3% for AMIX against +30.0% for DVA). Note the risk asymmetry: AMIX runs 4.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 DVA: side by side

AMIX (Autonomix Medical, Inc.)DVA (DaVita)
1-year return-77.3%+30.0%
5-year returnn/a+36.4%
Volatility (ann.)183.2%40.9%
Beta vs S&P 5001.550.38
Max drawdown (3Y)-99.9%-41.4%
Market cap$11.4B
P/E (trailing)15.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedHealth Care
Smaller drawdown: DVA -41.4% vs -99.9%
-88%0%+74%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AMIX · DVA

Year-by-year returns

YearAMIXDVA
2022-34.4%
2023+40.3%
2024+42.8%
2025-85.4%-24.0%
2026-51.3%+57.5%

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

Are AMIX and DVA good diversifiers for each other?

By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.

FAQ

What is the correlation between AMIX and DVA?

The AMIX/DVA correlation stands at -0.28 on a 3-year window (1 year: -0.39, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is DVA a good diversifier for AMIX?

By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.

What does a correlation of -0.28 mean?

On the −1 to +1 scale, -0.28 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.

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AMIX vs DVA: 3-year weekly correlation -0.28AMIX vs DVA-0.28

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Related comparisons

Hubs: AMIX correlations · DVA correlations