AMPY vs RETO: Correlation
Measured on weekly returns over the past three years, Amplify Energy Corp. (AMPY) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPY and RETO?
Across a 3-year window, the weekly returns of AMPY and RETO correlate at -0.26, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. Stretching to 5 years gives -0.17, with an annualized covariance of -5925.1 %².
RETO is close to the least connected end of AMPY's tracked universe, ranking #11 of 12. Correlation aside, the last 12 months split them widely, with AMPY ahead by 112.0 points (+15.7% versus -96.3%). Note the risk asymmetry: RETO runs 7.1 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.
AMPY vs RETO: side by side
| AMPY (Amplify Energy Corp.) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +15.7% | -96.3% |
| 5-year return | +30.1% | -100.0% |
| Volatility (ann.) | 56.4% | 399.9% |
| Beta vs S&P 500 | 0.28 | -2.83 |
| Max drawdown (3Y) | -71.1% | -99.5% |
| Market cap | $0.2B | – |
| P/E (trailing) | 9.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPY | RETO |
|---|---|---|
| 2022 | +182.6% | -75.9% |
| 2023 | -32.5% | -99.1% |
| 2024 | +1.2% | -74.9% |
| 2025 | -23.8% | -57.1% |
| 2026 | +3.1% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPY and RETO good diversifiers for each other?
Yes. With a correlation of -0.26, AMPY and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMPY and RETO?
The AMPY/RETO correlation stands at -0.26 on a 3-year window (1 year: -0.30, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for AMPY?
Yes. With a correlation of -0.26, AMPY and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ampy-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampy-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMPY correlations · RETO correlations
