ASTC vs UZX: Correlation
Astrotech Corporation (ASTC) and Linkage Global Inc - Class A (UZX) 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 UZX?
Over the past 3 years, ASTC and UZX moved with a correlation of 0.40, which is moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.40). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 70131.1 %².
Among the 47 assets we track against ASTC, UZX ranks #12 by 3-year correlation. The last year tells two different stories: ASTC led by 132.1 percentage points, +37.5% for ASTC against -94.6% for UZX. Risk is not evenly split, since ASTC carries 8.8 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 UZX: side by side
| ASTC (Astrotech Corporation) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +37.5% | -94.6% |
| 5-year return | -78.4% | n/a |
| Volatility (ann.) | 1206.9% | 137.7% |
| Beta vs S&P 500 | 4.81 | 0.09 |
| Max drawdown (3Y) | -87.5% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTC | UZX |
|---|---|---|
| 2022 | -51.0% | – |
| 2023 | -15.0% | – |
| 2024 | -20.8% | -71.7% |
| 2025 | -48.5% | -58.8% |
| 2026 | +105.8% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and UZX 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 UZX?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.66 over the last year and n/a over 5 years.
Is UZX 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?
A reading of 0.40 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-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/astc-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASTC correlations · UZX correlations
