AMLX vs QTI: Correlation
Amylyx Pharmaceuticals, Inc. (AMLX) and QT Imaging Holdings, Inc. (QTI) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMLX and QTI?
On 3 years of weekly data the AMLX/QTI correlation comes out at 0.30, moderate. The past 12 months show a weaker link (0.18) than the 3-year average (0.30). The 5-year figure is 0.23, and annualized covariance runs at 3144.2 %².
By 3-year correlation, QTI places #10 of the 17 assets tracked against AMLX. The last year tells two different stories: AMLX led by 385.0 percentage points, +293.4% for AMLX against -91.6% for QTI.
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.
AMLX vs QTI: side by side
| AMLX (Amylyx Pharmaceuticals, Inc.) | QTI (QT Imaging Holdings, Inc.) | |
|---|---|---|
| 1-year return | +293.4% | -91.6% |
| 5-year return | +105.8% | -97.9% |
| Volatility (ann.) | 97.8% | 108.2% |
| Beta vs S&P 500 | 1.29 | 0.12 |
| Max drawdown (3Y) | -92.6% | -98.6% |
| Market cap | $4.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMLX | QTI |
|---|---|---|
| 2022 | – | +3.1% |
| 2023 | -60.2% | +7.7% |
| 2024 | -74.3% | -95.6% |
| 2025 | +219.6% | -16.7% |
| 2026 | +207.8% | -48.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMLX and QTI good diversifiers for each other?
Reasonably. At 0.30, AMLX and QTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AMLX and QTI?
As of 2026-08-27, the correlation of weekly returns between AMLX and QTI is 0.30 over 3 years, 0.18 over 1 year and 0.23 over 5 years.
Is QTI a good diversifier for AMLX?
Reasonably. At 0.30, AMLX and QTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 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/amlx-vs-qti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amlx-vs-qti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMLX correlations · QTI correlations
