ABTS vs COST: Correlation
How closely do Abits Group Inc (ABTS) and Costco (COST) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and COST?
Over the past 3 years, ABTS and COST moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.11 lands near the 3-year figure. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -2776.2 %².
By 3-year correlation, COST places #20 of the 48 assets tracked against ABTS. Their recent paths diverged sharply: over the last 12 months COST outperformed by 63.4 percentage points (-64.4% for ABTS against -1.0% for COST). Note the risk asymmetry: ABTS runs 34.8 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.
ABTS vs COST: side by side
| ABTS (Abits Group Inc) | COST (Costco) | |
|---|---|---|
| 1-year return | -64.4% | -1.0% |
| 5-year return | -81.7% | +116.3% |
| Volatility (ann.) | 689.2% | 19.8% |
| Beta vs S&P 500 | -4.02 | 0.45 |
| Max drawdown (3Y) | -92.1% | -20.7% |
| Market cap | – | $414.5B |
| P/E (trailing) | – | 48.1 |
| Dividend yield | 0.00% | 0.56% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | ABTS | COST |
|---|---|---|
| 2022 | -84.2% | -19.0% |
| 2023 | +152.8% | +49.0% |
| 2024 | -39.6% | +39.6% |
| 2025 | +647.5% | -5.4% |
| 2026 | -73.8% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and COST good diversifiers for each other?
Yes. With a correlation of -0.20, ABTS and COST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ABTS and COST?
The ABTS/COST correlation stands at -0.20 on a 3-year window (1 year: -0.11, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is COST a good diversifier for ABTS?
Yes. With a correlation of -0.20, ABTS and COST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abts-vs-cost.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abts-vs-cost/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABTS correlations · COST correlations
