ABAT vs QSI: Correlation
American Battery Technology Company (ABAT) and Quantum-Si Incorporated (QSI) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABAT and QSI?
Over the past 3 years, ABAT and QSI moved with a correlation of 0.62, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.40 versus 0.62 over 3 years. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 14517.9 %².
Among the 29 assets we track against ABAT, QSI ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ABAT ahead by 32.9 points (+2.1% versus -30.8%).
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 QSI: side by side
| ABAT (American Battery Technology Company) | QSI (Quantum-Si Incorporated) | |
|---|---|---|
| 1-year return | +2.1% | -30.8% |
| 5-year return | -88.8% | -91.5% |
| Volatility (ann.) | 153.9% | 152.9% |
| Beta vs S&P 500 | 2.08 | 2.93 |
| Max drawdown (3Y) | -93.2% | -83.6% |
| Market cap | $0.4B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABAT | QSI |
|---|---|---|
| 2022 | -62.0% | -76.7% |
| 2023 | -23.2% | +9.8% |
| 2024 | -47.5% | +34.3% |
| 2025 | +35.8% | -59.3% |
| 2026 | -19.9% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABAT and QSI good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABAT and QSI?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.40 over the last year and 0.55 over 5 years.
Is QSI a good diversifier for ABAT?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/abat-vs-qsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abat-vs-qsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABAT correlations · QSI correlations
