ARQQ vs DUOT: Correlation
How closely do Arqit Quantum Inc. (ARQQ) and Duos Technologies Group, Inc. (DUOT) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARQQ and DUOT?
Across a 3-year window, the weekly returns of ARQQ and DUOT correlate at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.23, with an annualized covariance of 4828.5 %².
Within ARQQ's tracked universe of 16 assets, DUOT comes in at #7 by 3-year correlation. The last year tells two different stories: DUOT led by 90.1 percentage points, -29.4% for ARQQ against +60.7% for DUOT. Risk is not evenly split, since ARQQ carries 1.6 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.
ARQQ vs DUOT: side by side
| ARQQ (Arqit Quantum Inc.) | DUOT (Duos Technologies Group, Inc.) | |
|---|---|---|
| 1-year return | -29.4% | +60.7% |
| 5-year return | -91.4% | +57.5% |
| Volatility (ann.) | 135.6% | 83.7% |
| Beta vs S&P 500 | 3.18 | 1.75 |
| Max drawdown (3Y) | -86.7% | -64.3% |
| Market cap | $0.4B | $0.3B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARQQ | DUOT |
|---|---|---|
| 2022 | -84.9% | -61.0% |
| 2023 | -86.9% | +45.0% |
| 2024 | +227.8% | +106.2% |
| 2025 | -43.7% | +88.1% |
| 2026 | -1.9% | -8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARQQ and DUOT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARQQ and DUOT?
The ARQQ/DUOT correlation stands at 0.43 on a 3-year window (1 year: 0.50, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is DUOT a good diversifier for ARQQ?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/arqq-vs-duot.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arqq-vs-duot/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARQQ correlations · DUOT correlations
