ABLV vs RETO: Correlation
How closely do Able View Global Inc. - Class B (ABLV) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABLV and RETO?
Over the past 3 years, ABLV and RETO moved with a correlation of 0.70, which is strong. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.70). Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 37128.5 %².
Few assets follow ABLV as closely as RETO, which ranks #2 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months ABLV outperformed by 117.5 percentage points (+21.2% for ABLV against -96.3% for RETO). Risk is not evenly split, since RETO carries 3.0 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 RETO: side by side
| ABLV (Able View Global Inc. - Class B) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +21.2% | -96.3% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 132.4% | 399.9% |
| Beta vs S&P 500 | 0.43 | -2.83 |
| Max drawdown (3Y) | -88.1% | -99.5% |
| 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 | RETO |
|---|---|---|
| 2022 | – | -75.9% |
| 2023 | -73.5% | -99.1% |
| 2024 | -72.3% | -74.9% |
| 2025 | -9.6% | -57.1% |
| 2026 | +52.4% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABLV and RETO good diversifiers for each other?
To a limited degree. At 0.70 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 ABLV and RETO?
The ABLV/RETO correlation stands at 0.70 on a 3-year window (1 year: 0.17, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for ABLV?
To a limited degree. At 0.70 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 0.70 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-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ablv-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABLV correlations · RETO correlations
