AMP vs LICN: Correlation
How closely do Ameriprise Financial (AMP) and Lichen International Limited - Class A (LICN) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMP and LICN?
On 3 years of weekly data the AMP/LICN correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.17) runs above the 3-year figure (-0.17). The 5-year figure is n/a, and annualized covariance runs at -36347.9 %².
By 3-year correlation, LICN places #28 of the 34 assets tracked against AMP. The last year tells two different stories: AMP led by 83.4 percentage points, +8.7% for AMP against -74.7% for LICN. Note the risk asymmetry: LICN runs 341.1 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.
AMP vs LICN: side by side
| AMP (Ameriprise Financial) | LICN (Lichen International Limited - Class A) | |
|---|---|---|
| 1-year return | +8.7% | -74.7% |
| 5-year return | +119.2% | n/a |
| Volatility (ann.) | 25.0% | 8528.0% |
| Beta vs S&P 500 | 1.09 | -80.22 |
| Max drawdown (3Y) | -26.4% | -98.4% |
| Market cap | $49.1B | – |
| P/E (trailing) | 13.5 | – |
| Dividend yield | 1.16% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AMP | LICN |
|---|---|---|
| 2022 | +5.0% | – |
| 2023 | +24.0% | – |
| 2024 | +42.1% | -91.0% |
| 2025 | -6.7% | +1484.3% |
| 2026 | +14.5% | -56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMP and LICN good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMP and LICN?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with 0.17 over the last year and n/a over 5 years.
Is LICN a good diversifier for AMP?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
A reading of -0.17 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
$ curl https://www.pairbook.io/api/v1/pairs/amp-vs-licn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amp-vs-licn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMP correlations · LICN correlations
