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ATO vs QUCY: Correlation

Atmos Energy (ATO) and Quantum Cyber N.V. (QUCY) show a negative relationship: their 3-year correlation of weekly returns is -0.25.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.25
negative
Correlation (1Y)
-0.16
last 12 months
Correlation (5Y)
-0.17
long-run
Ann. covariance
-7255.8
%² · weekly, annualized

How correlated are ATO and QUCY?

On 3 years of weekly data the ATO/QUCY correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is -0.17, and annualized covariance runs at -7255.8 %².

Among the 32 assets we track against ATO, QUCY sits near the bottom by co-movement, at rank #31. Over the last 12 months ATO came out ahead by 12.2 percentage points (+2.9% against -9.3%). One caveat on sizing: QUCY is 115.8 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.

ATO vs QUCY: side by side

ATO (Atmos Energy)QUCY (Quantum Cyber N.V.)
1-year return+2.9%-9.3%
5-year return+94.1%-94.4%
Volatility (ann.)15.9%1840.9%
Beta vs S&P 5000.153.76
Max drawdown (3Y)-12.7%-95.9%
Market cap$28.3B$0.1B
P/E (trailing)19.9
Dividend yield2.28%0.00%
Sector / categoryUtilitiesUS Listed
Higher yield: ATO 2.28% vs 0.00%Smaller drawdown: ATO -12.7% vs -95.9%Higher 5y return: ATO +94.1% vs -94.4%
-78%0%+112%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ATO · QUCY

Year-by-year returns

YearATOQUCY
2022+9.6%-31.7%
2023+6.2%-83.7%
2024+23.4%+272.4%
2025+23.1%-74.1%
2026+1.5%+31.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ATO and QUCY good diversifiers for each other?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

FAQ

What is the correlation between ATO and QUCY?

Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.16 over the last year and -0.17 over 5 years.

Is QUCY a good diversifier for ATO?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

What does a correlation of -0.25 mean?

A reading of -0.25 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ato-vs-qucy.json

ATO vs QUCY: 3-year weekly correlation -0.25ATO vs QUCY-0.25

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[![ATO vs QUCY correlation](https://www.pairbook.io/api/v1/badge/ato-vs-qucy.svg)](https://www.pairbook.io/pair/ato-vs-qucy/)

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Related comparisons

Hubs: ATO correlations · QUCY correlations