AMST vs GIPR: Correlation
Amesite Inc. (AMST) and Generation Income Properties Inc. (GIPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMST and GIPR?
Over the past 3 years, AMST and GIPR moved with a correlation of 0.43, which is moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.43). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 5911.6 %².
Among the 15 assets we track against AMST, GIPR ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AMST outperformed by 35.4 percentage points (-59.8% for AMST against -95.2% for GIPR).
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.
AMST vs GIPR: side by side
| AMST (Amesite Inc.) | GIPR (Generation Income Properties Inc.) | |
|---|---|---|
| 1-year return | -59.8% | -95.2% |
| 5-year return | -95.5% | -99.3% |
| Volatility (ann.) | 125.5% | 110.2% |
| Beta vs S&P 500 | 1.09 | 1.42 |
| Max drawdown (3Y) | -84.6% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMST | GIPR |
|---|---|---|
| 2022 | -83.0% | -14.6% |
| 2023 | +7.1% | -9.2% |
| 2024 | +111.1% | -51.1% |
| 2025 | -60.2% | -64.8% |
| 2026 | -42.3% | -93.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMST and GIPR good diversifiers for each other?
Reasonably. At 0.43, AMST and GIPR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AMST and GIPR?
The AMST/GIPR correlation stands at 0.43 on a 3-year window (1 year: 0.56, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is GIPR a good diversifier for AMST?
Reasonably. At 0.43, AMST and GIPR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/amst-vs-gipr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amst-vs-gipr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMST correlations · GIPR correlations
