DIT vs SATL: Correlation
AMCON Distributing Company (DIT) and Satellogic Inc. (SATL) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIT and SATL?
Over the past 3 years, DIT and SATL moved with a correlation of 0.29, which is weak. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 1375.0 %².
In DIT's tracked universe of 11 assets, SATL sits right near the top at #3. Correlation aside, the last 12 months split them widely, with SATL ahead by 55.0 points (-9.9% versus +45.1%). Risk is not evenly split, since SATL carries 3.8 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.
DIT vs SATL: side by side
| DIT (AMCON Distributing Company) | SATL (Satellogic Inc.) | |
|---|---|---|
| 1-year return | -9.9% | +45.1% |
| 5-year return | -29.8% | -45.8% |
| Volatility (ann.) | 35.6% | 134.8% |
| Beta vs S&P 500 | 0.09 | 1.81 |
| Max drawdown (3Y) | -55.9% | -73.2% |
| Market cap | – | $0.8B |
| P/E (trailing) | 35.8 | – |
| Dividend yield | 0.63% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DIT | SATL |
|---|---|---|
| 2022 | -6.4% | -68.6% |
| 2023 | +8.1% | -42.6% |
| 2024 | -33.7% | +62.9% |
| 2025 | -12.8% | -34.4% |
| 2026 | -6.1% | +184.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIT and SATL good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DIT and SATL?
As of 2026-08-27, the correlation of weekly returns between DIT and SATL is 0.29 over 3 years, 0.32 over 1 year and 0.23 over 5 years.
Is SATL a good diversifier for DIT?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 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/dit-vs-satl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dit-vs-satl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DIT correlations · SATL correlations
