AMIX vs JWEL: Correlation
How closely do Autonomix Medical, Inc. (AMIX) and Jowell Global Ltd. (JWEL) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMIX and JWEL?
Across a 3-year window, the weekly returns of AMIX and JWEL correlate at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.19) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -4509.9 %².
By 3-year correlation, JWEL places #13 of the 23 assets tracked against AMIX. Their recent paths diverged sharply: over the last 12 months JWEL outperformed by 98.9 percentage points (-77.3% for AMIX against +21.6% for JWEL).
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 JWEL: side by side
| AMIX (Autonomix Medical, Inc.) | JWEL (Jowell Global Ltd.) | |
|---|---|---|
| 1-year return | -77.3% | +21.6% |
| 5-year return | n/a | -97.2% |
| Volatility (ann.) | 183.2% | 122.5% |
| Beta vs S&P 500 | 1.55 | 1.34 |
| Max drawdown (3Y) | -99.9% | -81.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMIX | JWEL |
|---|---|---|
| 2022 | – | -98.1% |
| 2023 | – | -67.8% |
| 2024 | – | +44.9% |
| 2025 | -85.4% | -25.8% |
| 2026 | -51.3% | +2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMIX and JWEL good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMIX and JWEL?
As of 2026-08-27, the correlation of weekly returns between AMIX and JWEL is -0.21 over 3 years, -0.19 over 1 year and n/a over 5 years.
Is JWEL a good diversifier for AMIX?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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[](https://www.pairbook.io/pair/amix-vs-jwel/)
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Related comparisons
Hubs: AMIX correlations · JWEL correlations
