AMIX vs HYFM: Correlation
How closely do Autonomix Medical, Inc. (AMIX) and Hydrofarm Holdings Group, Inc. (HYFM) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMIX and HYFM?
On 3 years of weekly data the AMIX/HYFM correlation comes out at 0.53, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.85 versus 0.53 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 14937.9 %².
In AMIX's tracked universe of 23 assets, HYFM sits right near the top at #1. Twelve-month performance is nearly a tie, at -77.3% for AMIX and -80.5% for HYFM.
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 HYFM: side by side
| AMIX (Autonomix Medical, Inc.) | HYFM (Hydrofarm Holdings Group, Inc.) | |
|---|---|---|
| 1-year return | -77.3% | -80.5% |
| 5-year return | n/a | -99.8% |
| Volatility (ann.) | 183.2% | 148.0% |
| Beta vs S&P 500 | 1.55 | 2.71 |
| Max drawdown (3Y) | -99.9% | -96.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMIX | HYFM |
|---|---|---|
| 2022 | – | -94.5% |
| 2023 | – | -40.8% |
| 2024 | – | -36.8% |
| 2025 | -85.4% | -74.0% |
| 2026 | -51.3% | -41.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMIX and HYFM good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMIX and HYFM?
The AMIX/HYFM correlation stands at 0.53 on a 3-year window (1 year: 0.85, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is HYFM a good diversifier for AMIX?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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
$ curl https://www.pairbook.io/api/v1/pairs/amix-vs-hyfm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amix-vs-hyfm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMIX correlations · HYFM correlations
