AUST vs HTCR: Correlation
Measured on weekly returns over the past three years, Austin Gold Corp. (AUST) and Heartcore Enterprises, Inc. (HTCR) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUST and HTCR?
On 3 years of weekly data the AUST/HTCR correlation comes out at 0.35, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.35 over 3 years. The 5-year figure is 0.22, and annualized covariance runs at 3106.7 %².
Within AUST's tracked universe of 13 assets, HTCR comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AUST outperformed by 66.8 percentage points (-19.9% for AUST against -86.7% for HTCR).
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.
AUST vs HTCR: side by side
| AUST (Austin Gold Corp.) | HTCR (Heartcore Enterprises, Inc.) | |
|---|---|---|
| 1-year return | -19.9% | -86.7% |
| 5-year return | -71.4% | -96.7% |
| Volatility (ann.) | 89.9% | 97.6% |
| Beta vs S&P 500 | 0.92 | 1.26 |
| Max drawdown (3Y) | -70.3% | -95.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUST | HTCR |
|---|---|---|
| 2023 | -21.6% | -29.9% |
| 2024 | +69.6% | +199.2% |
| 2025 | +17.9% | -80.3% |
| 2026 | -15.5% | -56.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUST and HTCR good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AUST and HTCR?
The AUST/HTCR correlation stands at 0.35 on a 3-year window (1 year: 0.14, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is HTCR a good diversifier for AUST?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aust-vs-htcr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aust-vs-htcr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUST correlations · HTCR correlations
