ASTC vs SPRC: Correlation
Astrotech Corporation (ASTC) and SciSparc Ltd. (SPRC) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTC and SPRC?
Across a 3-year window, the weekly returns of ASTC and SPRC correlate at 0.40, moderate. The past 12 months show a tighter link (0.54) than the 3-year average (0.40). Stretching to 5 years gives 0.37, with an annualized covariance of 91957.7 %².
Within ASTC's tracked universe of 47 assets, SPRC comes in at #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ASTC ahead by 120.2 points (+37.5% versus -82.7%). One caveat on sizing: ASTC is 6.3 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.
ASTC vs SPRC: side by side
| ASTC (Astrotech Corporation) | SPRC (SciSparc Ltd.) | |
|---|---|---|
| 1-year return | +37.5% | -82.7% |
| 5-year return | -78.4% | -100.0% |
| Volatility (ann.) | 1206.9% | 190.8% |
| Beta vs S&P 500 | 4.81 | 2.10 |
| Max drawdown (3Y) | -87.5% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | 0.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTC | SPRC |
|---|---|---|
| 2022 | -51.0% | -87.9% |
| 2023 | -15.0% | -75.2% |
| 2024 | -20.8% | -92.6% |
| 2025 | -48.5% | -82.0% |
| 2026 | +105.8% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and SPRC good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ASTC and SPRC?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.54 over the last year and 0.37 over 5 years.
Is SPRC a good diversifier for ASTC?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 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-sprc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/astc-vs-sprc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASTC correlations · SPRC correlations
