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BATL vs DUKR: Correlation

Battalion Oil Corporation (BATL) and DUKE Robotics Corp. (DUKR) show a strong relationship: their 3-year correlation of weekly returns is 0.69.

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

Correlation (3Y)
0.69
strong
Correlation (1Y)
0.78
last 12 months
Correlation (5Y)
0.67
long-run
Ann. covariance
245890.8
%² · weekly, annualized

How correlated are BATL and DUKR?

On 3 years of weekly data the BATL/DUKR correlation comes out at 0.69, strong. Recent behaviour matches the longer record: 0.78 over 1 year against 0.69 over 3. The 5-year figure is 0.67, and annualized covariance runs at 245890.8 %².

In BATL's tracked universe of 44 assets, DUKR sits right near the top at #1. Correlation aside, the last 12 months split them widely, with DUKR ahead by 1751.7 points (+12.7% versus +1764.4%). Risk is not evenly split, since DUKR carries 5.6 times the volatility of the other side.

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.

BATL vs DUKR: side by side

BATL (Battalion Oil Corporation)DUKR (DUKE Robotics Corp.)
1-year return+12.7%+1764.4%
5-year return-87.1%+1517.6%
Volatility (ann.)252.0%1413.7%
Beta vs S&P 500-0.19-9.42
Max drawdown (3Y)-95.8%-74.1%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DUKR -74.1% vs -95.8%Higher 5y return: DUKR +1517.6% vs -87.1%
-25%0%+4522%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BATL · DUKR

Year-by-year returns

YearBATLDUKR
2022-0.9%-45.5%
2023-1.0%-16.7%
2024-82.1%+50.0%
2025-34.3%+63.3%
2026+17.7%+2144.9%

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

Are BATL and DUKR good diversifiers for each other?

Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between BATL and DUKR?

The BATL/DUKR correlation stands at 0.69 on a 3-year window (1 year: 0.78, 5 years: 0.67), computed from weekly returns as of 2026-08-27.

Is DUKR a good diversifier for BATL?

Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.69 mean?

On the −1 to +1 scale, 0.69 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

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BATL vs DUKR: 3-year weekly correlation 0.69BATL vs DUKR0.69

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Related comparisons

Hubs: BATL correlations · DUKR correlations