AMST vs JYD: Correlation
Measured on weekly returns over the past three years, Amesite Inc. (AMST) and Jayud Global Logistics Limited - Class A (JYD) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMST and JYD?
Across a 3-year window, the weekly returns of AMST and JYD correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.71 versus -0.22 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -3852.3 %².
Among the 15 assets we track against AMST, JYD sits near the bottom by co-movement, at rank #14. Their recent paths diverged sharply: over the last 12 months AMST outperformed by 29.7 percentage points (-59.8% for AMST against -89.5% for JYD).
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 JYD: side by side
| AMST (Amesite Inc.) | JYD (Jayud Global Logistics Limited - Class A) | |
|---|---|---|
| 1-year return | -59.8% | -89.5% |
| 5-year return | -95.5% | n/a |
| Volatility (ann.) | 125.5% | 136.8% |
| Beta vs S&P 500 | 1.09 | 1.58 |
| Max drawdown (3Y) | -84.6% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMST | JYD |
|---|---|---|
| 2022 | -83.0% | – |
| 2023 | +7.1% | – |
| 2024 | +111.1% | +188.3% |
| 2025 | -60.2% | -96.9% |
| 2026 | -42.3% | -81.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMST and JYD good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMST and JYD?
As of 2026-08-27, the correlation of weekly returns between AMST and JYD is -0.22 over 3 years, -0.71 over 1 year and n/a over 5 years.
Is JYD a good diversifier for AMST?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 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/amst-vs-jyd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amst-vs-jyd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMST correlations · JYD correlations
