AHRT vs BTOC: Correlation
How closely do AH Realty Trust, Inc. (AHRT) and Armlogi Holding Corp. (BTOC) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHRT and BTOC?
Across a 3-year window, the weekly returns of AHRT and BTOC correlate at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 900.0 %².
Among the 13 assets we track against AHRT, BTOC ranks #8 by 3-year correlation. The last year tells two different stories: AHRT led by 80.2 percentage points, +0.5% for AHRT against -79.7% for BTOC. One caveat on sizing: BTOC is 3.1 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.
AHRT vs BTOC: side by side
| AHRT (AH Realty Trust, Inc.) | BTOC (Armlogi Holding Corp.) | |
|---|---|---|
| 1-year return | +0.5% | -79.7% |
| 5-year return | -29.6% | n/a |
| Volatility (ann.) | 27.4% | 83.6% |
| Beta vs S&P 500 | 0.82 | 1.75 |
| Max drawdown (3Y) | -52.0% | -97.1% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 8.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHRT | BTOC |
|---|---|---|
| 2022 | -19.9% | – |
| 2023 | +15.0% | – |
| 2024 | -10.8% | – |
| 2025 | -30.0% | -87.5% |
| 2026 | +4.9% | -44.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHRT and BTOC good diversifiers for each other?
Reasonably. At 0.38, AHRT and BTOC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AHRT and BTOC?
The AHRT/BTOC correlation stands at 0.38 on a 3-year window (1 year: 0.44, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is BTOC a good diversifier for AHRT?
Reasonably. At 0.38, AHRT and BTOC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 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/ahrt-vs-btoc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ahrt-vs-btoc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AHRT correlations · BTOC correlations
