ABTC vs NAKA: Correlation
How closely do American Bitcoin Corp. (ABTC) and Nakamoto Inc. (NAKA) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTC and NAKA?
Across a 3-year window, the weekly returns of ABTC and NAKA correlate at 0.60, strong. Lately the two have drifted apart, with the 1-year correlation at 0.37 versus 0.60 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 24392.7 %².
Few assets follow ABTC as closely as NAKA, which ranks #1 of 13 tracked partners. On 12-month performance ABTC holds a 6.6-point edge, -90.3% against -96.9%.
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 NAKA: side by side
| ABTC (American Bitcoin Corp.) | NAKA (Nakamoto Inc.) | |
|---|---|---|
| 1-year return | -90.3% | -96.9% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 163.6% | 231.2% |
| Beta vs S&P 500 | 4.24 | 4.09 |
| Max drawdown (3Y) | -99.3% | -99.7% |
| Market cap | $1.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTC | NAKA |
|---|---|---|
| 2022 | -98.0% | – |
| 2023 | -37.0% | – |
| 2024 | -95.4% | – |
| 2025 | -15.2% | -71.7% |
| 2026 | -65.6% | -44.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTC and NAKA good diversifiers for each other?
Only partially. A correlation of 0.60 means ABTC and NAKA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ABTC and NAKA?
As of 2026-08-27, the correlation of weekly returns between ABTC and NAKA is 0.60 over 3 years, 0.37 over 1 year and n/a over 5 years.
Is NAKA a good diversifier for ABTC?
Only partially. A correlation of 0.60 means ABTC and NAKA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 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/abtc-vs-naka.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abtc-vs-naka/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABTC correlations · NAKA correlations
