AERT vs PCT: Correlation
Measured on weekly returns over the past three years, Aeries Technology, Inc. - Class A (AERT) and PureCycle Technologies, Inc. (PCT) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AERT and PCT?
Over the past 3 years, AERT and PCT moved with a correlation of 0.33, which is moderate. The relationship has been stable: the 1-year correlation (0.24) sits close to the 3-year figure. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 3509.2 %².
Within AERT's tracked universe of 10 assets, PCT comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AERT outperformed by 66.7 percentage points (+11.5% for AERT against -55.2% for PCT).
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.
AERT vs PCT: side by side
| AERT (Aeries Technology, Inc. - Class A) | PCT (PureCycle Technologies, Inc.) | |
|---|---|---|
| 1-year return | +11.5% | -55.2% |
| 5-year return | -91.2% | -52.3% |
| Volatility (ann.) | 108.4% | 98.0% |
| Beta vs S&P 500 | 0.78 | 2.42 |
| Max drawdown (3Y) | -97.4% | -74.2% |
| Market cap | – | $1.3B |
| P/E (trailing) | 17.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AERT | PCT |
|---|---|---|
| 2022 | +4.7% | -29.4% |
| 2023 | -75.5% | -40.1% |
| 2024 | -62.8% | +153.1% |
| 2025 | -44.5% | -16.2% |
| 2026 | +66.4% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AERT and PCT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AERT and PCT?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.24 over the last year and 0.28 over 5 years.
Is PCT a good diversifier for AERT?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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/aert-vs-pct.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aert-vs-pct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AERT correlations · PCT correlations
