AD vs REBN: Correlation
Measured on weekly returns over the past three years, Array Digital Infrastructure, Inc. (AD) and Reborn Coffee, Inc. (REBN) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AD and REBN?
Across a 3-year window, the weekly returns of AD and REBN correlate at 0.37, moderate. The past 12 months show a weaker link (0.21) than the 3-year average (0.37). Stretching to 5 years gives 0.17, with an annualized covariance of 2505.6 %².
Within AD's tracked universe of 13 assets, REBN comes in at #7 by 3-year correlation. The last year tells two different stories: AD led by 52.5 percentage points, -0.3% for AD against -52.8% for REBN. Risk is not evenly split, since REBN carries 3.9 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.
AD vs REBN: side by side
| AD (Array Digital Infrastructure, Inc.) | REBN (Reborn Coffee, Inc.) | |
|---|---|---|
| 1-year return | -0.3% | -52.8% |
| 5-year return | +142.7% | n/a |
| Volatility (ann.) | 42.1% | 162.3% |
| Beta vs S&P 500 | 0.68 | 1.65 |
| Max drawdown (3Y) | -32.0% | -87.3% |
| Market cap | $3.1B | – |
| P/E (trailing) | 4.6 | – |
| Dividend yield | 30.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AD | REBN |
|---|---|---|
| 2022 | -33.9% | – |
| 2023 | +99.2% | -30.5% |
| 2024 | +51.0% | -63.6% |
| 2025 | +22.6% | -10.2% |
| 2026 | +1.0% | -10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AD and REBN 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 AD and REBN?
The AD/REBN correlation stands at 0.37 on a 3-year window (1 year: 0.21, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is REBN a good diversifier for AD?
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?
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/ad-vs-rebn.json
Drop this badge in a README or notebook; it updates with the data:
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Related comparisons
Hubs: AD correlations · REBN correlations
