ATCH vs HSDT: Correlation
Measured on weekly returns over the past three years, AtlasClear Holdings, Inc. (ATCH) and Solana Company (HSDT) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATCH and HSDT?
Across a 3-year window, the weekly returns of ATCH and HSDT correlate at 0.42, moderate. The past 12 months show a tighter link (0.75) than the 3-year average (0.42). Stretching to 5 years gives 0.38, with an annualized covariance of 11281.3 %².
Few assets follow ATCH as closely as HSDT, which ranks #2 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with ATCH ahead by 59.7 points (-1.0% versus -60.7%).
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 HSDT: side by side
| ATCH (AtlasClear Holdings, Inc.) | HSDT (Solana Company) | |
|---|---|---|
| 1-year return | -1.0% | -60.7% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 149.4% | 177.7% |
| Beta vs S&P 500 | 2.52 | 0.34 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATCH | HSDT |
|---|---|---|
| 2022 | +1.6% | -94.1% |
| 2023 | -38.3% | -47.6% |
| 2024 | -97.4% | -91.7% |
| 2025 | -97.4% | -99.4% |
| 2026 | -23.9% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATCH and HSDT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ATCH and HSDT?
The ATCH/HSDT correlation stands at 0.42 on a 3-year window (1 year: 0.75, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is HSDT a good diversifier for ATCH?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/atch-vs-hsdt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atch-vs-hsdt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATCH correlations · HSDT correlations
