ABTS vs RGC: Correlation
How closely do Abits Group Inc (ABTS) and Regencell Bioscience Holdings Limited (RGC) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and RGC?
Over the past 3 years, ABTS and RGC moved with a correlation of 0.37, which is moderate. The past 12 months show a weaker link (0.03) than the 3-year average (0.37). Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 111932.8 %².
Within ABTS's tracked universe of 48 assets, RGC comes in at #8 by 3-year correlation. Their 12-month results are close: -64.4% for ABTS against -61.2% for RGC. Risk is not evenly split, since ABTS carries 1.6 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 RGC: side by side
| ABTS (Abits Group Inc) | RGC (Regencell Bioscience Holdings Limited) | |
|---|---|---|
| 1-year return | -64.4% | -61.2% |
| 5-year return | -81.7% | +626.3% |
| Volatility (ann.) | 689.2% | 441.0% |
| Beta vs S&P 500 | -4.02 | -2.00 |
| Max drawdown (3Y) | -92.1% | -93.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTS | RGC |
|---|---|---|
| 2022 | -84.2% | -12.4% |
| 2023 | +152.8% | -62.4% |
| 2024 | -39.6% | -53.0% |
| 2025 | +647.5% | +16053.8% |
| 2026 | -73.8% | -73.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and RGC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ABTS and RGC?
The ABTS/RGC correlation stands at 0.37 on a 3-year window (1 year: 0.03, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is RGC a good diversifier for ABTS?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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-rgc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-rgc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTS correlations · RGC correlations
