AMPX vs SGLY: Correlation
Measured on weekly returns over the past three years, Amprius Technologies, Inc. (AMPX) and Singularity Future Technology Ltd. (SGLY) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPX and SGLY?
Across a 3-year window, the weekly returns of AMPX and SGLY correlate at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 4972.9 %².
Within AMPX's tracked universe of 15 assets, SGLY comes in at #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AMPX outperformed by 130.9 percentage points (+44.0% for AMPX against -86.9% for SGLY).
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.
AMPX vs SGLY: side by side
| AMPX (Amprius Technologies, Inc.) | SGLY (Singularity Future Technology Ltd.) | |
|---|---|---|
| 1-year return | +44.0% | -86.9% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 111.6% | 146.7% |
| Beta vs S&P 500 | 2.16 | 1.68 |
| Max drawdown (3Y) | -87.3% | -98.0% |
| Market cap | $1.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPX | SGLY |
|---|---|---|
| 2022 | – | -91.2% |
| 2023 | -33.3% | +28.6% |
| 2024 | -47.1% | -70.0% |
| 2025 | +181.8% | -60.5% |
| 2026 | +33.2% | -77.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPX and SGLY good diversifiers for each other?
Reasonably. At 0.30, AMPX and SGLY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AMPX and SGLY?
As of 2026-08-27, the correlation of weekly returns between AMPX and SGLY is 0.30 over 3 years, 0.37 over 1 year and 0.25 over 5 years.
Is SGLY a good diversifier for AMPX?
Reasonably. At 0.30, AMPX and SGLY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 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/ampx-vs-sgly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampx-vs-sgly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMPX correlations · SGLY correlations
