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AMIX vs MNST: Correlation

Measured on weekly returns over the past three years, Autonomix Medical, Inc. (AMIX) and Monster Beverage (MNST) carry a correlation of 0.49, a moderate link.

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

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.71
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
6624.1
%² · weekly, annualized

How correlated are AMIX and MNST?

Across a 3-year window, the weekly returns of AMIX and MNST correlate at 0.49, moderate. The past 12 months show a tighter link (0.71) than the 3-year average (0.49). Stretching to 5 years gives n/a, with an annualized covariance of 6624.1 %².

MNST is one of the assets that tracks AMIX most closely: it ranks #2 out of the 23 assets we track against AMIX. Correlation aside, the last 12 months split them widely, with MNST ahead by 53.0 points (-77.3% versus -24.3%). Note the risk asymmetry: AMIX runs 2.7 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 MNST: side by side

AMIX (Autonomix Medical, Inc.)MNST (Monster Beverage)
1-year return-77.3%-24.3%
5-year returnn/a-4.5%
Volatility (ann.)183.2%68.6%
Beta vs S&P 5001.550.80
Max drawdown (3Y)-99.9%-54.5%
Market cap$91.5B
P/E (trailing)43.2
Dividend yield0.00%0.00%
Sector / categoryUS ListedConsumer Staples
Smaller drawdown: MNST -54.5% vs -99.9%
-88%0%+56%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AMIX · MNST

Year-by-year returns

YearAMIXMNST
2022+5.7%
2023+13.5%
2024-8.8%
2025-85.4%+45.9%
2026-51.3%-39.1%

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

Are AMIX and MNST good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between AMIX and MNST?

As of 2026-08-27, the correlation of weekly returns between AMIX and MNST is 0.49 over 3 years, 0.71 over 1 year and n/a over 5 years.

Is MNST a good diversifier for AMIX?

Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.49 mean?

On the −1 to +1 scale, 0.49 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

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$ curl https://www.pairbook.io/api/v1/pairs/amix-vs-mnst.json

AMIX vs MNST: 3-year weekly correlation 0.49AMIX vs MNST0.49

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Related comparisons

Hubs: AMIX correlations · MNST correlations