ATCH vs CDLX: Correlation
How closely do AtlasClear Holdings, Inc. (ATCH) and Cardlytics, Inc. (CDLX) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATCH and CDLX?
Over the past 3 years, ATCH and CDLX moved with a correlation of 0.41, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.75 versus 0.41 over 3 years. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 8242.5 %².
By 3-year correlation, CDLX places #4 of the 10 assets tracked against ATCH. The last year tells two different stories: ATCH led by 60.1 percentage points, -1.0% for ATCH against -61.1% for CDLX.
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.
ATCH vs CDLX: side by side
| ATCH (AtlasClear Holdings, Inc.) | CDLX (Cardlytics, Inc.) | |
|---|---|---|
| 1-year return | -1.0% | -61.1% |
| 5-year return | -100.0% | -99.6% |
| Volatility (ann.) | 149.4% | 134.2% |
| Beta vs S&P 500 | 2.52 | 2.27 |
| Max drawdown (3Y) | -100.0% | -98.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATCH | CDLX |
|---|---|---|
| 2022 | +1.6% | -91.3% |
| 2023 | -38.3% | +59.3% |
| 2024 | -97.4% | -59.7% |
| 2025 | -97.4% | -69.0% |
| 2026 | -23.9% | -65.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATCH and CDLX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ATCH and CDLX?
As of 2026-08-27, the correlation of weekly returns between ATCH and CDLX is 0.41 over 3 years, 0.75 over 1 year and 0.33 over 5 years.
Is CDLX a good diversifier for ATCH?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ATCH correlations · CDLX correlations
