ABTC vs IQST: Correlation
Measured on weekly returns over the past three years, American Bitcoin Corp. (ABTC) and iQSTEL Inc. (IQST) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTC and IQST?
On 3 years of weekly data the ABTC/IQST correlation comes out at 0.31, moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.31). The 5-year figure is 0.20, and annualized covariance runs at 4123.9 %².
IQST is close to the least connected end of ABTC's tracked universe, ranking #9 of 13. The trailing year gives IQST the advantage: -90.3% versus -85.1%, a 5.2-point spread. Note the risk asymmetry: ABTC runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ABTC vs IQST: side by side
| ABTC (American Bitcoin Corp.) | IQST (iQSTEL Inc.) | |
|---|---|---|
| 1-year return | -90.3% | -85.1% |
| 5-year return | -100.0% | -98.1% |
| Volatility (ann.) | 163.6% | 81.9% |
| Beta vs S&P 500 | 4.24 | 1.03 |
| Max drawdown (3Y) | -99.3% | -97.1% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTC | IQST |
|---|---|---|
| 2022 | -98.0% | -80.1% |
| 2023 | -37.0% | -18.9% |
| 2024 | -95.4% | +100.0% |
| 2025 | -15.2% | -87.7% |
| 2026 | -65.6% | -67.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTC and IQST good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABTC and IQST?
The ABTC/IQST correlation stands at 0.31 on a 3-year window (1 year: 0.20, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is IQST a good diversifier for ABTC?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/abtc-vs-iqst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abtc-vs-iqst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTC correlations · IQST correlations
