AMPG vs SES: Correlation
Amplitech Group, Inc. (AMPG) and SES AI Corporation (SES) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPG and SES?
Across a 3-year window, the weekly returns of AMPG and SES correlate at 0.61, strong. Lately the two have drifted apart, with the 1-year correlation at 0.17 versus 0.61 over 3 years. Stretching to 5 years gives 0.58, with an annualized covariance of 32294.1 %².
SES is one of the assets that tracks AMPG most closely: it ranks #3 out of the 15 assets we track against AMPG. The last year tells two different stories: AMPG led by 73.2 percentage points, +22.2% for AMPG against -51.0% for SES. Note the risk asymmetry: SES runs 1.6 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.
AMPG vs SES: side by side
| AMPG (Amplitech Group, Inc.) | SES (SES AI Corporation) | |
|---|---|---|
| 1-year return | +22.2% | -51.0% |
| 5-year return | -0.5% | -94.5% |
| Volatility (ann.) | 178.6% | 294.5% |
| Beta vs S&P 500 | 1.10 | 2.43 |
| Max drawdown (3Y) | -78.6% | -89.7% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPG | SES |
|---|---|---|
| 2022 | -46.2% | -68.3% |
| 2023 | -11.3% | -41.9% |
| 2024 | +173.4% | +19.7% |
| 2025 | -41.8% | -17.8% |
| 2026 | +25.1% | -69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPG and SES good diversifiers for each other?
Only partially. A correlation of 0.61 means AMPG and SES 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 SES?
The AMPG/SES correlation stands at 0.61 on a 3-year window (1 year: 0.17, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is SES a good diversifier for AMPG?
Only partially. A correlation of 0.61 means AMPG and SES share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
A reading of 0.61 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/ampg-vs-ses.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ampg-vs-ses/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMPG correlations · SES correlations
