ABLV vs BTOG: Correlation
Able View Global Inc. - Class B (ABLV) and Bit Origin Limited - Class A (BTOG) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABLV and BTOG?
On 3 years of weekly data the ABLV/BTOG correlation comes out at 0.49, moderate. The past 12 months show a weaker link (0.00) than the 3-year average (0.49). The 5-year figure is 0.45, and annualized covariance runs at 14896.1 %².
BTOG is one of the assets that tracks ABLV most closely: it ranks #3 out of the 10 assets we track against ABLV. The last year tells two different stories: ABLV led by 118.4 percentage points, +21.2% for ABLV against -97.2% for BTOG. Risk is not evenly split, since BTOG carries 1.7 times the volatility of the other side.
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.
ABLV vs BTOG: side by side
| ABLV (Able View Global Inc. - Class B) | BTOG (Bit Origin Limited - Class A) | |
|---|---|---|
| 1-year return | +21.2% | -97.2% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 132.4% | 229.6% |
| Beta vs S&P 500 | 0.43 | 1.61 |
| Max drawdown (3Y) | -88.1% | -99.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABLV | BTOG |
|---|---|---|
| 2022 | – | -87.2% |
| 2023 | -73.5% | -21.4% |
| 2024 | -72.3% | -76.4% |
| 2025 | -9.6% | -82.4% |
| 2026 | +52.4% | -93.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABLV and BTOG good diversifiers for each other?
Reasonably. At 0.49, ABLV and BTOG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ABLV and BTOG?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.00 over the last year and 0.45 over 5 years.
Is BTOG a good diversifier for ABLV?
Reasonably. At 0.49, ABLV and BTOG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 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/ablv-vs-btog.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ablv-vs-btog/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABLV correlations · BTOG correlations
