ABTS vs TROW: Correlation
Abits Group Inc (ABTS) and T. Rowe Price (TROW) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and TROW?
Across a 3-year window, the weekly returns of ABTS and TROW correlate at -0.13, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.18 versus -0.13 over 3 years. Stretching to 5 years gives -0.05, with an annualized covariance of -2109.2 %².
Among the 48 assets we track against ABTS, TROW ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TROW ahead by 72.5 points (-64.4% versus +8.1%). Note the risk asymmetry: ABTS runs 29.3 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 TROW: side by side
| ABTS (Abits Group Inc) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -64.4% | +8.1% |
| 5-year return | -81.7% | -37.0% |
| Volatility (ann.) | 689.2% | 23.5% |
| Beta vs S&P 500 | -4.02 | 1.10 |
| Max drawdown (3Y) | -92.1% | -34.0% |
| Market cap | – | $24.0B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ABTS | TROW |
|---|---|---|
| 2022 | -84.2% | -42.2% |
| 2023 | +152.8% | +3.4% |
| 2024 | -39.6% | +9.7% |
| 2025 | +647.5% | -4.7% |
| 2026 | -73.8% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and TROW good diversifiers for each other?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABTS and TROW?
As of 2026-08-27, the correlation of weekly returns between ABTS and TROW is -0.13 over 3 years, 0.18 over 1 year and -0.05 over 5 years.
Is TROW a good diversifier for ABTS?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.13 mean?
A reading of -0.13 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-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abts-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTS correlations · TROW correlations
