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AMZE vs KTTA: Correlation

How closely do Amaze Holdings, Inc. (AMZE) and Pasithea Therapeutics Corp. (KTTA) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
14861.6
%² · weekly, annualized

How correlated are AMZE and KTTA?

Across a 3-year window, the weekly returns of AMZE and KTTA correlate at 0.43, moderate. The past 12 months show a tighter link (0.57) than the 3-year average (0.43). Stretching to 5 years gives 0.37, with an annualized covariance of 14861.6 %².

KTTA is one of the assets that tracks AMZE most closely: it ranks #1 out of the 13 assets we track against AMZE. Correlation aside, the last 12 months split them widely, with KTTA ahead by 72.9 points (-99.3% versus -26.4%). One caveat on sizing: KTTA is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

AMZE vs KTTA: side by side

AMZE (Amaze Holdings, Inc.)KTTA (Pasithea Therapeutics Corp.)
1-year return-99.3%-26.4%
5-year return-100.0%-99.2%
Volatility (ann.)139.4%248.1%
Beta vs S&P 5001.683.29
Max drawdown (3Y)-99.9%-97.6%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: KTTA -97.6% vs -99.9%Higher 5y return: KTTA -99.2% vs -100.0%
-99%0%+86%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AMZE · KTTA

Year-by-year returns

YearAMZEKTTA
2022-80.8%-63.7%
2023-7.0%-42.4%
2024-36.0%-57.4%
2025-97.2%-59.0%
2026-94.4%-57.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AMZE and KTTA good diversifiers for each other?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AMZE and KTTA?

As of 2026-08-27, the correlation of weekly returns between AMZE and KTTA is 0.43 over 3 years, 0.57 over 1 year and 0.37 over 5 years.

Is KTTA a good diversifier for AMZE?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

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.

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AMZE vs KTTA: 3-year weekly correlation 0.43AMZE vs KTTA0.43

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Related comparisons

Hubs: AMZE correlations · KTTA correlations