ASTC vs EPD: Correlation
Astrotech Corporation (ASTC) and Enterprise Products Partners L.P. (EPD) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTC and EPD?
On 3 years of weekly data the ASTC/EPD correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.27). The 5-year figure is -0.17, and annualized covariance runs at -5364.5 %².
Among the 47 assets we track against ASTC, EPD ranks #36 by 3-year correlation. The trailing year gives ASTC the advantage: +37.5% versus +31.5%, a 6.0-point spread. Risk is not evenly split, since ASTC carries 73.6 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.
ASTC vs EPD: side by side
| ASTC (Astrotech Corporation) | EPD (Enterprise Products Partners L.P.) | |
|---|---|---|
| 1-year return | +37.5% | +31.5% |
| 5-year return | -78.4% | +150.0% |
| Volatility (ann.) | 1206.9% | 16.4% |
| Beta vs S&P 500 | 4.81 | 0.15 |
| Max drawdown (3Y) | -87.5% | -15.4% |
| Market cap | – | $84.3B |
| P/E (trailing) | – | 13.6 |
| Dividend yield | 0.00% | 5.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTC | EPD |
|---|---|---|
| 2022 | -51.0% | +18.3% |
| 2023 | -15.0% | +17.7% |
| 2024 | -20.8% | +28.0% |
| 2025 | -48.5% | +9.5% |
| 2026 | +105.8% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and EPD good diversifiers for each other?
Yes. With a correlation of -0.27, ASTC and EPD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASTC and EPD?
The ASTC/EPD correlation stands at -0.27 on a 3-year window (1 year: -0.44, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is EPD a good diversifier for ASTC?
Yes. With a correlation of -0.27, ASTC and EPD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 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/astc-vs-epd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/astc-vs-epd/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: ASTC correlations · EPD correlations
