AESI vs RES: Correlation
Measured on weekly returns over the past three years, Atlas Energy Solutions Inc. (AESI) and RPC, Inc. (RES) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AESI and RES?
On 3 years of weekly data the AESI/RES correlation comes out at 0.60, strong. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1391.1 %².
In AESI's tracked universe of 12 assets, RES sits right near the top at #3. The last year tells two different stories: RES led by 29.4 percentage points, +11.1% for AESI against +40.5% for RES.
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.
AESI vs RES: side by side
| AESI (Atlas Energy Solutions Inc.) | RES (RPC, Inc.) | |
|---|---|---|
| 1-year return | +11.1% | +40.5% |
| 5-year return | n/a | +84.8% |
| Volatility (ann.) | 52.7% | 44.2% |
| Beta vs S&P 500 | 1.02 | 0.56 |
| Max drawdown (3Y) | -65.9% | -51.9% |
| Market cap | $1.6B | $1.4B |
| P/E (trailing) | – | 58.2 |
| Dividend yield | 2.07% | 2.61% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AESI | RES |
|---|---|---|
| 2022 | – | +96.7% |
| 2023 | – | -16.4% |
| 2024 | +34.6% | -16.4% |
| 2025 | -55.3% | -5.5% |
| 2026 | +38.0% | +20.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AESI and RES good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AESI and RES?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.53 over the last year and n/a over 5 years.
Is RES a good diversifier for AESI?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aesi-vs-res.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aesi-vs-res/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AESI correlations · RES correlations
