ABTS vs JVA: Correlation
Measured on weekly returns over the past three years, Abits Group Inc (ABTS) and Coffee Holding Co., Inc. (JVA) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and JVA?
Over the past 3 years, ABTS and JVA moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.35) runs above the 3-year figure (-0.28). Over 5 years the correlation is -0.24, and the annualized covariance of weekly returns is -16508.6 %².
By 3-year correlation, JVA places #41 of the 48 assets tracked against ABTS. Their recent paths diverged sharply: over the last 12 months JVA outperformed by 51.3 percentage points (-64.4% for ABTS against -13.1% for JVA). Note the risk asymmetry: ABTS runs 8.1 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 JVA: side by side
| ABTS (Abits Group Inc) | JVA (Coffee Holding Co., Inc.) | |
|---|---|---|
| 1-year return | -64.4% | -13.1% |
| 5-year return | -81.7% | -29.2% |
| Volatility (ann.) | 689.2% | 85.3% |
| Beta vs S&P 500 | -4.02 | 0.72 |
| Max drawdown (3Y) | -92.1% | -70.3% |
| Market cap | – | – |
| P/E (trailing) | – | 12.8 |
| Dividend yield | 0.00% | 2.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTS | JVA |
|---|---|---|
| 2022 | -84.2% | -52.8% |
| 2023 | +152.8% | -55.4% |
| 2024 | -39.6% | +275.8% |
| 2025 | +647.5% | +13.5% |
| 2026 | -73.8% | -8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and JVA good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABTS and JVA?
The ABTS/JVA correlation stands at -0.28 on a 3-year window (1 year: 0.35, 5 years: -0.24), computed from weekly returns as of 2026-08-27.
Is JVA a good diversifier for ABTS?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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-jva.json
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[](https://www.pairbook.io/pair/abts-vs-jva/)
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Related comparisons
Hubs: ABTS correlations · JVA correlations
