ABTS vs KBSX: Correlation
How closely do Abits Group Inc (ABTS) and FST Corp. (KBSX) trade together? Their weekly returns over three years give a correlation of -0.45, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and KBSX?
Over the past 3 years, ABTS and KBSX moved with a correlation of -0.45, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.16) runs above the 3-year figure (-0.45). Over 5 years the correlation is -0.44, and the annualized covariance of weekly returns is -27277.5 %².
Out of 48 assets tracked against ABTS, KBSX lands near the bottom at #48. The last year tells two different stories: KBSX led by 24.9 percentage points, -64.4% for ABTS against -39.5% for KBSX. One caveat on sizing: ABTS is 7.8 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 KBSX: side by side
| ABTS (Abits Group Inc) | KBSX (FST Corp.) | |
|---|---|---|
| 1-year return | -64.4% | -39.5% |
| 5-year return | -81.7% | -89.8% |
| Volatility (ann.) | 689.2% | 88.4% |
| Beta vs S&P 500 | -4.02 | 0.95 |
| Max drawdown (3Y) | -92.1% | -94.0% |
| Market cap | – | – |
| P/E (trailing) | – | 8.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTS | KBSX |
|---|---|---|
| 2022 | -84.2% | – |
| 2023 | +152.8% | +7.3% |
| 2024 | -39.6% | -12.7% |
| 2025 | +647.5% | -85.5% |
| 2026 | -73.8% | -27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and KBSX good diversifiers for each other?
Yes. With a correlation of -0.45, ABTS and KBSX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ABTS and KBSX?
Using weekly returns as of 2026-08-27: -0.45 over 3 years, with -0.16 over the last year and -0.44 over 5 years.
Is KBSX a good diversifier for ABTS?
Yes. With a correlation of -0.45, ABTS and KBSX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.45 mean?
On the −1 to +1 scale, -0.45 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-kbsx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-kbsx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTS correlations · KBSX correlations
