AMR vs SXC: Correlation
How closely do Alpha Metallurgical Resources, Inc. (AMR) and SunCoke Energy, Inc. (SXC) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMR and SXC?
On 3 years of weekly data the AMR/SXC correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 1197.7 %².
Within AMR's tracked universe of 12 assets, SXC comes in at #4 by 3-year correlation. Over the last 12 months AMR came out ahead by 10.2 percentage points (+56.1% against +45.9%).
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.
AMR vs SXC: side by side
| AMR (Alpha Metallurgical Resources, Inc.) | SXC (SunCoke Energy, Inc.) | |
|---|---|---|
| 1-year return | +56.1% | +45.9% |
| 5-year return | +514.2% | +84.8% |
| Volatility (ann.) | 56.0% | 40.5% |
| Beta vs S&P 500 | 1.13 | 0.74 |
| Max drawdown (3Y) | -77.5% | -52.0% |
| Market cap | $2.9B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMR | SXC |
|---|---|---|
| 2022 | +150.1% | +35.9% |
| 2023 | +133.9% | +29.8% |
| 2024 | -41.0% | +4.0% |
| 2025 | -0.1% | -28.6% |
| 2026 | +13.8% | +49.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMR and SXC good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMR and SXC?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.46 over the last year and 0.56 over 5 years.
Is SXC a good diversifier for AMR?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/amr-vs-sxc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amr-vs-sxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMR correlations · SXC correlations
