BATRA vs BATRK: Correlation
Measured on weekly returns over the past three years, Atlanta Braves Holdings, Inc. - Series A (BATRA) and Atlanta Braves Holdings, Inc. - Series C (BATRK) carry a correlation of 0.93, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BATRA and BATRK?
On 3 years of weekly data the BATRA/BATRK correlation comes out at 0.93, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.93) sits close to the 3-year figure. The 5-year figure is 0.92, and annualized covariance runs at 331.8 %².
BATRK is one of the assets that tracks BATRA most closely: it ranks #1 out of the 12 assets we track against BATRA. Their 12-month results are close: +17.9% for BATRA against +13.3% for BATRK.
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.
BATRA vs BATRK: side by side
| BATRA (Atlanta Braves Holdings, Inc. - Series A) | BATRK (Atlanta Braves Holdings, Inc. - Series C) | |
|---|---|---|
| 1-year return | +17.9% | +13.3% |
| 5-year return | +113.7% | +96.3% |
| Volatility (ann.) | 18.8% | 19.0% |
| Beta vs S&P 500 | 0.46 | 0.50 |
| Max drawdown (3Y) | -16.6% | -18.7% |
| Market cap | $3.6B | $3.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BATRA | BATRK |
|---|---|---|
| 2022 | +13.6% | +14.7% |
| 2023 | +30.9% | +22.8% |
| 2024 | -4.6% | -3.3% |
| 2025 | +4.1% | +3.1% |
| 2026 | +31.2% | +28.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BATRA and BATRK good diversifiers for each other?
No. With a correlation of 0.93, BATRA and BATRK move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between BATRA and BATRK?
Using weekly returns as of 2026-08-27: 0.93 over 3 years, with 0.93 over the last year and 0.92 over 5 years.
Is BATRK a good diversifier for BATRA?
No. With a correlation of 0.93, BATRA and BATRK move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.93 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/batra-vs-batrk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/batra-vs-batrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BATRA correlations · BATRK correlations
