AMIX vs MUR: Correlation
How closely do Autonomix Medical, Inc. (AMIX) and Murphy Oil Corporation (MUR) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMIX and MUR?
Across a 3-year window, the weekly returns of AMIX and MUR correlate at -0.26, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.26). Stretching to 5 years gives n/a, with an annualized covariance of -1939.7 %².
MUR is close to the least connected end of AMIX's tracked universe, ranking #20 of 23. The last year tells two different stories: MUR led by 129.0 percentage points, -77.3% for AMIX against +51.7% for MUR. One caveat on sizing: AMIX is 4.6 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 MUR: side by side
| AMIX (Autonomix Medical, Inc.) | MUR (Murphy Oil Corporation) | |
|---|---|---|
| 1-year return | -77.3% | +51.7% |
| 5-year return | n/a | +96.7% |
| Volatility (ann.) | 183.2% | 39.7% |
| Beta vs S&P 500 | 1.55 | 0.16 |
| Max drawdown (3Y) | -99.9% | -58.5% |
| Market cap | – | $5.2B |
| P/E (trailing) | – | 17.2 |
| Dividend yield | 0.00% | 3.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMIX | MUR |
|---|---|---|
| 2022 | – | +68.5% |
| 2023 | – | +2.0% |
| 2024 | – | -26.8% |
| 2025 | -85.4% | +8.7% |
| 2026 | -51.3% | +18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMIX and MUR good diversifiers for each other?
Yes. With a correlation of -0.26, AMIX and MUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMIX and MUR?
The AMIX/MUR correlation stands at -0.26 on a 3-year window (1 year: -0.44, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MUR a good diversifier for AMIX?
Yes. With a correlation of -0.26, AMIX and MUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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-mur.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amix-vs-mur/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMIX correlations · MUR correlations
