ABAT vs WWR: Correlation
American Battery Technology Company (ABAT) and Westwater Resources, Inc. (WWR) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABAT and WWR?
On 3 years of weekly data the ABAT/WWR correlation comes out at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.66 versus 0.45 over 3 years. The 5-year figure is 0.43, and annualized covariance runs at 7266.8 %².
By 3-year correlation, WWR places #18 of the 29 assets tracked against ABAT. Correlation aside, the last 12 months split them widely, with ABAT ahead by 21.8 points (+2.1% versus -19.7%).
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 WWR: side by side
| ABAT (American Battery Technology Company) | WWR (Westwater Resources, Inc.) | |
|---|---|---|
| 1-year return | +2.1% | -19.7% |
| 5-year return | -88.8% | -84.4% |
| Volatility (ann.) | 153.9% | 104.7% |
| Beta vs S&P 500 | 2.08 | 0.77 |
| Max drawdown (3Y) | -93.2% | -88.8% |
| 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 | WWR |
|---|---|---|
| 2022 | -62.0% | -63.3% |
| 2023 | -23.2% | -29.1% |
| 2024 | -47.5% | +26.8% |
| 2025 | +35.8% | +5.6% |
| 2026 | -19.9% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABAT and WWR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ABAT and WWR?
As of 2026-08-27, the correlation of weekly returns between ABAT and WWR is 0.45 over 3 years, 0.66 over 1 year and 0.43 over 5 years.
Is WWR a good diversifier for ABAT?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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-wwr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abat-vs-wwr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABAT correlations · WWR correlations
