AVBP vs BTCT: Correlation
Measured on weekly returns over the past three years, ArriVent BioPharma, Inc. (AVBP) and BTC Digital Ltd. (BTCT) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVBP and BTCT?
Across a 3-year window, the weekly returns of AVBP and BTCT correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.22). Stretching to 5 years gives n/a, with an annualized covariance of -7165.8 %².
Out of 17 assets tracked against AVBP, BTCT lands near the bottom at #15. The last year tells two different stories: AVBP led by 81.6 percentage points, +61.4% for AVBP against -20.2% for BTCT. One caveat on sizing: BTCT is 10.8 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.
AVBP vs BTCT: side by side
| AVBP (ArriVent BioPharma, Inc.) | BTCT (BTC Digital Ltd.) | |
|---|---|---|
| 1-year return | +61.4% | -20.2% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 52.7% | 571.6% |
| Beta vs S&P 500 | 1.06 | -2.21 |
| Max drawdown (3Y) | -54.3% | -97.8% |
| Market cap | $1.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVBP | BTCT |
|---|---|---|
| 2022 | – | -97.6% |
| 2023 | – | +33.9% |
| 2024 | – | -0.8% |
| 2025 | -24.5% | -72.8% |
| 2026 | +54.1% | +61.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVBP and BTCT good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AVBP and BTCT?
As of 2026-08-27, the correlation of weekly returns between AVBP and BTCT is -0.22 over 3 years, 0.10 over 1 year and n/a over 5 years.
Is BTCT a good diversifier for AVBP?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/avbp-vs-btct.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/avbp-vs-btct/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVBP correlations · BTCT correlations
