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AMPX vs SPRC: Correlation

How closely do Amprius Technologies, Inc. (AMPX) and SciSparc Ltd. (SPRC) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
8005.4
%² · weekly, annualized

How correlated are AMPX and SPRC?

Over the past 3 years, AMPX and SPRC moved with a correlation of 0.38, which is moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.38). Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 8005.4 %².

Within AMPX's tracked universe of 15 assets, SPRC comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AMPX outperformed by 126.7 percentage points (+44.0% for AMPX against -82.7% for SPRC). One caveat on sizing: SPRC is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 SPRC: side by side

AMPX (Amprius Technologies, Inc.)SPRC (SciSparc Ltd.)
1-year return+44.0%-82.7%
5-year returnn/a-100.0%
Volatility (ann.)111.6%190.8%
Beta vs S&P 5002.162.10
Max drawdown (3Y)-87.3%-99.8%
Market cap$1.5B
P/E (trailing)0.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AMPX -87.3% vs -99.8%
-84%0%+194%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AMPX · SPRC

Year-by-year returns

YearAMPXSPRC
2022-87.9%
2023-33.3%-75.2%
2024-47.1%-92.6%
2025+181.8%-82.0%
2026+33.2%-45.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AMPX and SPRC good diversifiers for each other?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AMPX and SPRC?

Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.53 over the last year and 0.28 over 5 years.

Is SPRC a good diversifier for AMPX?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.38 mean?

A reading of 0.38 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ampx-vs-sprc.json

AMPX vs SPRC: 3-year weekly correlation 0.38AMPX vs SPRC0.38

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Related comparisons

Hubs: AMPX correlations · SPRC correlations