AAPL vs ABTS: Correlation
Apple Inc. (AAPL) and Abits Group Inc (ABTS) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AAPL and ABTS?
Over the past 3 years, AAPL and ABTS moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.09 versus -0.22 over 3 years. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -4169.3 %².
ABTS is close to the least connected end of AAPL's tracked universe, ranking #28 of 32. The last year tells two different stories: AAPL led by 101.4 percentage points, +37.0% for AAPL against -64.4% for ABTS. Note the risk asymmetry: ABTS runs 25.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AAPL vs ABTS: side by side
| AAPL (Apple Inc.) | ABTS (Abits Group Inc) | |
|---|---|---|
| 1-year return | +37.0% | -64.4% |
| 5-year return | +110.6% | -81.7% |
| Volatility (ann.) | 27.2% | 689.2% |
| Beta vs S&P 500 | 1.06 | -4.02 |
| Max drawdown (3Y) | -33.4% | -92.1% |
| Market cap | $4,591.0B | – |
| P/E (trailing) | 36.1 | – |
| Dividend yield | 0.33% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AAPL | ABTS |
|---|---|---|
| 2022 | -26.4% | -84.2% |
| 2023 | +49.0% | +152.8% |
| 2024 | +30.7% | -39.6% |
| 2025 | +9.1% | +647.5% |
| 2026 | +16.0% | -73.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AAPL and ABTS good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between AAPL and ABTS?
As of 2026-08-27, the correlation of weekly returns between AAPL and ABTS is -0.22 over 3 years, 0.09 over 1 year and -0.15 over 5 years.
Is ABTS a good diversifier for AAPL?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aapl-vs-abts.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aapl-vs-abts/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AAPL correlations · ABTS correlations
