ABAT vs EZRA: Correlation
Measured on weekly returns over the past three years, American Battery Technology Company (ABAT) and Reliance Global Group, Inc. (EZRA) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABAT and EZRA?
Over the past 3 years, ABAT and EZRA moved with a correlation of 0.36, which is moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 8335.8 %².
By 3-year correlation, EZRA places #23 of the 29 assets tracked against ABAT. The last year tells two different stories: ABAT led by 94.4 percentage points, +2.1% for ABAT against -92.3% for EZRA.
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 EZRA: side by side
| ABAT (American Battery Technology Company) | EZRA (Reliance Global Group, Inc.) | |
|---|---|---|
| 1-year return | +2.1% | -92.3% |
| 5-year return | -88.8% | -100.0% |
| Volatility (ann.) | 153.9% | 149.2% |
| Beta vs S&P 500 | 2.08 | 1.32 |
| Max drawdown (3Y) | -93.2% | -99.9% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | 0.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABAT | EZRA |
|---|---|---|
| 2022 | -62.0% | -91.2% |
| 2023 | -23.2% | -93.7% |
| 2024 | -47.5% | -71.7% |
| 2025 | +35.8% | -79.6% |
| 2026 | -19.9% | -86.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABAT and EZRA good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABAT and EZRA?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.38 over the last year and 0.30 over 5 years.
Is EZRA a good diversifier for ABAT?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 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-ezra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abat-vs-ezra/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABAT correlations · EZRA correlations
