AMKR vs KR: Correlation
Amkor Technology, Inc. (AMKR) and Kroger (KR) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMKR and KR?
On 3 years of weekly data the AMKR/KR correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.43 versus -0.24 over 3 years. The 5-year figure is -0.10, and annualized covariance runs at -320.0 %².
Out of 17 assets tracked against AMKR, KR lands near the bottom at #14. Their recent paths diverged sharply: over the last 12 months AMKR outperformed by 126.7 percentage points (+112.3% for AMKR against -14.4% for KR). One caveat on sizing: AMKR is 2.5 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.
AMKR vs KR: side by side
| AMKR (Amkor Technology, Inc.) | KR (Kroger) | |
|---|---|---|
| 1-year return | +112.3% | -14.4% |
| 5-year return | +98.2% | +37.3% |
| Volatility (ann.) | 57.4% | 23.4% |
| Beta vs S&P 500 | 2.24 | -0.16 |
| Max drawdown (3Y) | -65.9% | -26.2% |
| Market cap | $12.9B | – |
| P/E (trailing) | 21.6 | 33.3 |
| Dividend yield | 0.69% | 1.79% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | AMKR | KR |
|---|---|---|
| 2022 | -2.3% | +0.4% |
| 2023 | +40.3% | +5.0% |
| 2024 | -20.8% | +36.9% |
| 2025 | +55.9% | +4.3% |
| 2026 | +31.5% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMKR and KR good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMKR and KR?
The AMKR/KR correlation stands at -0.24 on a 3-year window (1 year: -0.43, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is KR a good diversifier for AMKR?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/amkr-vs-kr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/amkr-vs-kr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMKR correlations · KR correlations
