ABTS vs ROST: Correlation
How closely do Abits Group Inc (ABTS) and Ross Stores (ROST) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and ROST?
Across a 3-year window, the weekly returns of ABTS and ROST correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.13 lands near the 3-year figure. Stretching to 5 years gives -0.12, with an annualized covariance of -3656.7 %².
Within ABTS's tracked universe of 48 assets, ROST comes in at #29 by 3-year correlation. The last year tells two different stories: ROST led by 118.7 percentage points, -64.4% for ABTS against +54.3% for ROST. Note the risk asymmetry: ABTS runs 28.7 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 ROST: side by side
| ABTS (Abits Group Inc) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | -64.4% | +54.3% |
| 5-year return | -81.7% | +105.0% |
| Volatility (ann.) | 689.2% | 24.0% |
| Beta vs S&P 500 | -4.02 | 0.66 |
| Max drawdown (3Y) | -92.1% | -21.1% |
| Market cap | – | $73.7B |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ABTS | ROST |
|---|---|---|
| 2022 | -84.2% | +2.9% |
| 2023 | +152.8% | +20.6% |
| 2024 | -39.6% | +10.4% |
| 2025 | +647.5% | +20.4% |
| 2026 | -73.8% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and ROST good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABTS and ROST?
The ABTS/ROST correlation stands at -0.22 on a 3-year window (1 year: -0.13, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is ROST a good diversifier for ABTS?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABTS correlations · ROST correlations
