BATL vs PRSO: Correlation
Battalion Oil Corporation (BATL) and Peraso Inc. (PRSO) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BATL and PRSO?
Across a 3-year window, the weekly returns of BATL and PRSO correlate at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.48 over 3 years. Stretching to 5 years gives 0.39, with an annualized covariance of 15810.6 %².
Within BATL's tracked universe of 44 assets, PRSO comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BATL outperformed by 37.1 percentage points (+12.7% for BATL against -24.4% for PRSO). Note the risk asymmetry: BATL runs 1.9 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.
BATL vs PRSO: side by side
| BATL (Battalion Oil Corporation) | PRSO (Peraso Inc.) | |
|---|---|---|
| 1-year return | +12.7% | -24.4% |
| 5-year return | -87.1% | -99.7% |
| Volatility (ann.) | 252.0% | 130.5% |
| Beta vs S&P 500 | -0.19 | 0.93 |
| Max drawdown (3Y) | -95.8% | -95.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BATL | PRSO |
|---|---|---|
| 2022 | -0.9% | -82.6% |
| 2023 | -1.0% | -61.6% |
| 2024 | -82.1% | -89.6% |
| 2025 | -34.3% | -25.0% |
| 2026 | +17.7% | -25.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BATL and PRSO good diversifiers for each other?
Reasonably. At 0.48, BATL and PRSO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BATL and PRSO?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.63 over the last year and 0.39 over 5 years.
Is PRSO a good diversifier for BATL?
Reasonably. At 0.48, BATL and PRSO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/batl-vs-prso.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/batl-vs-prso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BATL correlations · PRSO correlations
