ABTS vs MCD: Correlation
Abits Group Inc (ABTS) and McDonald's (MCD) 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 MCD?
Across a 3-year window, the weekly returns of ABTS and MCD correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.06) than the 3-year average (-0.21). Stretching to 5 years gives -0.15, with an annualized covariance of -2535.0 %².
Among the 48 assets we track against ABTS, MCD ranks #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MCD outperformed by 49.9 percentage points (-64.4% for ABTS against -14.5% for MCD). Risk is not evenly split, since ABTS carries 38.7 times the volatility of the other side.
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 MCD: side by side
| ABTS (Abits Group Inc) | MCD (McDonald's) | |
|---|---|---|
| 1-year return | -64.4% | -14.5% |
| 5-year return | -81.7% | +23.3% |
| Volatility (ann.) | 689.2% | 17.8% |
| Beta vs S&P 500 | -4.02 | 0.30 |
| Max drawdown (3Y) | -92.1% | -22.8% |
| Market cap | – | $184.0B |
| P/E (trailing) | – | 21.7 |
| Dividend yield | 0.00% | 2.75% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ABTS | MCD |
|---|---|---|
| 2022 | -84.2% | +0.5% |
| 2023 | +152.8% | +15.1% |
| 2024 | -39.6% | +0.1% |
| 2025 | +647.5% | +7.9% |
| 2026 | -73.8% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and MCD good diversifiers for each other?
Yes. With a correlation of -0.21, ABTS and MCD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ABTS and MCD?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.06 over the last year and -0.15 over 5 years.
Is MCD a good diversifier for ABTS?
Yes. With a correlation of -0.21, ABTS and MCD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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-mcd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-mcd/)
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Related comparisons
Hubs: ABTS correlations · MCD correlations
