ASTC vs KMPR: Correlation
Astrotech Corporation (ASTC) and Kemper Corporation (KMPR) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTC and KMPR?
Over the past 3 years, ASTC and KMPR moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.43) than the 3-year average (-0.30). Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -11525.1 %².
Within ASTC's tracked universe of 47 assets, KMPR comes in at #39 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ASTC outperformed by 83.7 percentage points (+37.5% for ASTC against -46.2% for KMPR). One caveat on sizing: ASTC is 37.6 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.
ASTC vs KMPR: side by side
| ASTC (Astrotech Corporation) | KMPR (Kemper Corporation) | |
|---|---|---|
| 1-year return | +37.5% | -46.2% |
| 5-year return | -78.4% | -53.7% |
| Volatility (ann.) | 1206.9% | 32.1% |
| Beta vs S&P 500 | 4.81 | 0.61 |
| Max drawdown (3Y) | -87.5% | -66.8% |
| Market cap | – | $1.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTC | KMPR |
|---|---|---|
| 2022 | -51.0% | -14.2% |
| 2023 | -15.0% | +1.5% |
| 2024 | -20.8% | +39.2% |
| 2025 | -48.5% | -37.5% |
| 2026 | +105.8% | -29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and KMPR good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASTC and KMPR?
The ASTC/KMPR correlation stands at -0.30 on a 3-year window (1 year: -0.43, 5 years: -0.20), computed from weekly returns as of 2026-08-27.
Is KMPR a good diversifier for ASTC?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/astc-vs-kmpr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/astc-vs-kmpr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASTC correlations · KMPR correlations
