AMPG vs LAES: Correlation
Amplitech Group, Inc. (AMPG) and SEALSQ Corp (LAES) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPG and LAES?
On 3 years of weekly data the AMPG/LAES correlation comes out at 0.76, strong. The link has loosened recently: the 1-year correlation (0.31) runs below the 3-year figure (0.76). The 5-year figure is n/a, and annualized covariance runs at 35718.7 %².
In AMPG's tracked universe of 15 assets, LAES sits right near the top at #1. Correlation aside, the last 12 months split them widely, with AMPG ahead by 26.6 points (+22.2% versus -4.4%).
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.
AMPG vs LAES: side by side
| AMPG (Amplitech Group, Inc.) | LAES (SEALSQ Corp) | |
|---|---|---|
| 1-year return | +22.2% | -4.4% |
| 5-year return | -0.5% | n/a |
| Volatility (ann.) | 178.6% | 261.5% |
| Beta vs S&P 500 | 1.10 | 1.57 |
| Max drawdown (3Y) | -78.6% | -94.5% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPG | LAES |
|---|---|---|
| 2022 | -46.2% | – |
| 2023 | -11.3% | – |
| 2024 | +173.4% | +380.5% |
| 2025 | -41.8% | -38.5% |
| 2026 | +25.1% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPG and LAES good diversifiers for each other?
Only partially. A correlation of 0.76 means AMPG and LAES share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AMPG and LAES?
As of 2026-08-27, the correlation of weekly returns between AMPG and LAES is 0.76 over 3 years, 0.31 over 1 year and n/a over 5 years.
Is LAES a good diversifier for AMPG?
Only partially. A correlation of 0.76 means AMPG and LAES share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.76 mean?
On the −1 to +1 scale, 0.76 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/ampg-vs-laes.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampg-vs-laes/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMPG correlations · LAES correlations
