ABTS vs HST: Correlation
Abits Group Inc (ABTS) and Host Hotels & Resorts (HST) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and HST?
Across a 3-year window, the weekly returns of ABTS and HST correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.07) than the 3-year average (-0.21). Stretching to 5 years gives -0.12, with an annualized covariance of -3435.1 %².
By 3-year correlation, HST places #22 of the 48 assets tracked against ABTS. The last year tells two different stories: HST led by 103.6 percentage points, -64.4% for ABTS against +39.2% for HST. Note the risk asymmetry: ABTS runs 28.5 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 HST: side by side
| ABTS (Abits Group Inc) | HST (Host Hotels & Resorts) | |
|---|---|---|
| 1-year return | -64.4% | +39.2% |
| 5-year return | -81.7% | +73.4% |
| Volatility (ann.) | 689.2% | 24.2% |
| Beta vs S&P 500 | -4.02 | 0.78 |
| Max drawdown (3Y) | -92.1% | -36.0% |
| Market cap | – | $15.5B |
| P/E (trailing) | – | 15.1 |
| Dividend yield | 0.00% | 3.57% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | ABTS | HST |
|---|---|---|
| 2022 | -84.2% | -4.6% |
| 2023 | +152.8% | +27.6% |
| 2024 | -39.6% | -5.5% |
| 2025 | +647.5% | +7.2% |
| 2026 | -73.8% | +32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and HST good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABTS and HST?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with 0.07 over the last year and -0.12 over 5 years.
Is HST a good diversifier for ABTS?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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.
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Hubs: ABTS correlations · HST correlations
