ASTC vs ROL: Correlation
Astrotech Corporation (ASTC) and Rollins, Inc. (ROL) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTC and ROL?
On 3 years of weekly data the ASTC/ROL correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.26 over 3 years. The 5-year figure is -0.18, and annualized covariance runs at -7371.3 %².
Among the 47 assets we track against ASTC, ROL ranks #35 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ASTC ahead by 73.2 points (+37.5% versus -35.7%). Risk is not evenly split, since ASTC carries 52.0 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 ROL: side by side
| ASTC (Astrotech Corporation) | ROL (Rollins, Inc.) | |
|---|---|---|
| 1-year return | +37.5% | -35.7% |
| 5-year return | -78.4% | -1.8% |
| Volatility (ann.) | 1206.9% | 23.2% |
| Beta vs S&P 500 | 4.81 | 0.51 |
| Max drawdown (3Y) | -87.5% | -44.6% |
| Market cap | – | $17.3B |
| P/E (trailing) | – | 32.7 |
| Dividend yield | 0.00% | 1.94% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ASTC | ROL |
|---|---|---|
| 2022 | -51.0% | +8.1% |
| 2023 | -15.0% | +21.2% |
| 2024 | -20.8% | +7.6% |
| 2025 | -48.5% | +31.1% |
| 2026 | +105.8% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and ROL good diversifiers for each other?
Yes. With a correlation of -0.26, ASTC and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASTC and ROL?
As of 2026-08-27, the correlation of weekly returns between ASTC and ROL is -0.26 over 3 years, -0.37 over 1 year and -0.18 over 5 years.
Is ROL a good diversifier for ASTC?
Yes. With a correlation of -0.26, ASTC and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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/astc-vs-rol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/astc-vs-rol/)
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Related comparisons
Hubs: ASTC correlations · ROL correlations
