ATCH vs MLCI: Correlation
Measured on weekly returns over the past three years, AtlasClear Holdings, Inc. (ATCH) and Mount Logan Capital Inc. (MLCI) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATCH and MLCI?
Over the past 3 years, ATCH and MLCI moved with a correlation of 0.36, which is moderate. The past 12 months show a tighter link (0.57) than the 3-year average (0.36). Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 2938.3 %².
By 3-year correlation, MLCI places #5 of the 10 assets tracked against ATCH. Correlation aside, the last 12 months split them widely, with ATCH ahead by 29.2 points (-1.0% versus -30.2%). Note the risk asymmetry: ATCH runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 MLCI: side by side
| ATCH (AtlasClear Holdings, Inc.) | MLCI (Mount Logan Capital Inc.) | |
|---|---|---|
| 1-year return | -1.0% | -30.2% |
| 5-year return | -100.0% | -55.0% |
| Volatility (ann.) | 149.4% | 54.8% |
| Beta vs S&P 500 | 2.52 | 0.45 |
| Max drawdown (3Y) | -100.0% | -68.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATCH | MLCI |
|---|---|---|
| 2022 | +1.6% | -28.2% |
| 2023 | -38.3% | -22.3% |
| 2024 | -97.4% | -10.5% |
| 2025 | -97.4% | +125.7% |
| 2026 | -23.9% | -60.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATCH and MLCI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ATCH and MLCI?
As of 2026-08-27, the correlation of weekly returns between ATCH and MLCI is 0.36 over 3 years, 0.57 over 1 year and 0.34 over 5 years.
Is MLCI a good diversifier for ATCH?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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/atch-vs-mlci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/atch-vs-mlci/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATCH correlations · MLCI correlations
