ABTS vs YHGJ: Correlation
Measured on weekly returns over the past three years, Abits Group Inc (ABTS) and Yunhong Green CTI Ltd. (YHGJ) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTS and YHGJ?
Across a 3-year window, the weekly returns of ABTS and YHGJ correlate at 0.45, moderate. The past 12 months show a weaker link (0.08) than the 3-year average (0.45). Stretching to 5 years gives 0.35, with an annualized covariance of 28195.8 %².
Within ABTS's tracked universe of 48 assets, YHGJ comes in at #4 by 3-year correlation. The last year tells two different stories: YHGJ led by 19.5 percentage points, -64.4% for ABTS against -44.9% for YHGJ. One caveat on sizing: ABTS is 7.6 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 YHGJ: side by side
| ABTS (Abits Group Inc) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | -64.4% | -44.9% |
| 5-year return | -81.7% | -85.6% |
| Volatility (ann.) | 689.2% | 90.5% |
| Beta vs S&P 500 | -4.02 | -0.69 |
| Max drawdown (3Y) | -92.1% | -91.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTS | YHGJ |
|---|---|---|
| 2022 | -84.2% | -12.6% |
| 2023 | +152.8% | +105.8% |
| 2024 | -39.6% | -74.3% |
| 2025 | +647.5% | -34.0% |
| 2026 | -73.8% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTS and YHGJ good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABTS and YHGJ?
The ABTS/YHGJ correlation stands at 0.45 on a 3-year window (1 year: 0.08, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is YHGJ a good diversifier for ABTS?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abts-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abts-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABTS correlations · YHGJ correlations
