ABAT vs AURE: Correlation
American Battery Technology Company (ABAT) and Aurelion Inc. - Class A (AURE) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABAT and AURE?
Across a 3-year window, the weekly returns of ABAT and AURE correlate at 0.28, weak. Recent behaviour matches the longer record: 0.35 over 1 year against 0.28 over 3. Stretching to 5 years gives n/a, with an annualized covariance of 4899.3 %².
Within ABAT's tracked universe of 29 assets, AURE comes in at #24 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ABAT ahead by 70.6 points (+2.1% versus -68.5%).
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.
ABAT vs AURE: side by side
| ABAT (American Battery Technology Company) | AURE (Aurelion Inc. - Class A) | |
|---|---|---|
| 1-year return | +2.1% | -68.5% |
| 5-year return | -88.8% | n/a |
| Volatility (ann.) | 153.9% | 112.7% |
| Beta vs S&P 500 | 2.08 | 0.59 |
| Max drawdown (3Y) | -93.2% | -97.8% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABAT | AURE |
|---|---|---|
| 2022 | -62.0% | – |
| 2023 | -23.2% | – |
| 2024 | -47.5% | -38.1% |
| 2025 | +35.8% | -80.8% |
| 2026 | -19.9% | -35.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABAT and AURE good diversifiers for each other?
Reasonably. At 0.28, ABAT and AURE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ABAT and AURE?
As of 2026-08-27, the correlation of weekly returns between ABAT and AURE is 0.28 over 3 years, 0.35 over 1 year and n/a over 5 years.
Is AURE a good diversifier for ABAT?
Reasonably. At 0.28, ABAT and AURE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.28 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/abat-vs-aure.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abat-vs-aure/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABAT correlations · AURE correlations
