ABTS vs EXPE: Correlation
Measured on weekly returns over the past three years, Abits Group Inc (ABTS) and Expedia Group (EXPE) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and EXPE?
Across a 3-year window, the weekly returns of ABTS and EXPE correlate at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.15 over 3 years. Stretching to 5 years gives -0.08, with an annualized covariance of -4328.8 %².
By 3-year correlation, EXPE places #14 of the 48 assets tracked against ABTS. Correlation aside, the last 12 months split them widely, with EXPE ahead by 115.9 points (-64.4% versus +51.5%). One caveat on sizing: ABTS is 16.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 EXPE: side by side
| ABTS (Abits Group Inc) | EXPE (Expedia Group) | |
|---|---|---|
| 1-year return | -64.4% | +51.5% |
| 5-year return | -81.7% | +123.9% |
| Volatility (ann.) | 689.2% | 42.7% |
| Beta vs S&P 500 | -4.02 | 1.33 |
| Max drawdown (3Y) | -92.1% | -37.4% |
| Market cap | – | $38.3B |
| P/E (trailing) | – | 21.0 |
| Dividend yield | 0.00% | 0.53% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ABTS | EXPE |
|---|---|---|
| 2022 | -84.2% | -51.5% |
| 2023 | +152.8% | +73.3% |
| 2024 | -39.6% | +22.8% |
| 2025 | +647.5% | +53.3% |
| 2026 | -73.8% | +13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and EXPE good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABTS and EXPE?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with 0.19 over the last year and -0.08 over 5 years.
Is EXPE a good diversifier for ABTS?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 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/abts-vs-expe.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-expe/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTS correlations · EXPE correlations
