AMST vs OXSQ: Correlation
Amesite Inc. (AMST) and Oxford Square Capital Corp. - Closed End Fund (OXSQ) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMST and OXSQ?
Across a 3-year window, the weekly returns of AMST and OXSQ correlate at -0.31, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.48) runs below the 3-year figure (-0.31). Stretching to 5 years gives -0.08, with an annualized covariance of -1003.4 %².
Out of 15 assets tracked against AMST, OXSQ lands near the bottom at #15. The last year tells two different stories: OXSQ led by 38.9 percentage points, -59.8% for AMST against -20.9% for OXSQ. Risk is not evenly split, since AMST carries 4.8 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 OXSQ: side by side
| AMST (Amesite Inc.) | OXSQ (Oxford Square Capital Corp. - Closed End Fund) | |
|---|---|---|
| 1-year return | -59.8% | -20.9% |
| 5-year return | -95.5% | -29.3% |
| Volatility (ann.) | 125.5% | 26.1% |
| Beta vs S&P 500 | 1.09 | 0.39 |
| Max drawdown (3Y) | -84.6% | -46.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 31.11% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMST | OXSQ |
|---|---|---|
| 2022 | -83.0% | -14.4% |
| 2023 | +7.1% | +9.2% |
| 2024 | +111.1% | -1.9% |
| 2025 | -60.2% | -13.3% |
| 2026 | -42.3% | -8.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMST and OXSQ good diversifiers for each other?
Yes. With a correlation of -0.31, AMST and OXSQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMST and OXSQ?
As of 2026-08-27, the correlation of weekly returns between AMST and OXSQ is -0.31 over 3 years, -0.48 over 1 year and -0.08 over 5 years.
Is OXSQ a good diversifier for AMST?
Yes. With a correlation of -0.31, AMST and OXSQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 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-oxsq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amst-vs-oxsq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMST correlations · OXSQ correlations
