AMST vs GJO: Correlation
Measured on weekly returns over the past three years, Amesite Inc. (AMST) and Synthetic Fixed-Income Securities, Inc. on behalf of (GJO) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMST and GJO?
On 3 years of weekly data the AMST/GJO correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.18). The 5-year figure is -0.13, and annualized covariance runs at -156.8 %².
Among the 15 assets we track against AMST, GJO sits near the bottom by co-movement, at rank #13. The last year tells two different stories: GJO led by 62.4 percentage points, -59.8% for AMST against +2.6% for GJO. Risk is not evenly split, since AMST carries 18.2 times the volatility of the other side.
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 GJO: side by side
| AMST (Amesite Inc.) | GJO (Synthetic Fixed-Income Securities, Inc. on behalf of) | |
|---|---|---|
| 1-year return | -59.8% | +2.6% |
| 5-year return | -95.5% | +27.3% |
| Volatility (ann.) | 125.5% | 6.9% |
| Beta vs S&P 500 | 1.09 | 0.02 |
| Max drawdown (3Y) | -84.6% | -3.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMST | GJO |
|---|---|---|
| 2022 | -83.0% | +1.6% |
| 2023 | +7.1% | +10.3% |
| 2024 | +111.1% | +5.2% |
| 2025 | -60.2% | +5.6% |
| 2026 | -42.3% | +1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMST and GJO good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMST and GJO?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.37 over the last year and -0.13 over 5 years.
Is GJO a good diversifier for AMST?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: AMST correlations · GJO correlations
