BOTJ vs IQST: Correlation
Bank of the James Financial Group, Inc. (BOTJ) and iQSTEL Inc. (IQST) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOTJ and IQST?
Across a 3-year window, the weekly returns of BOTJ and IQST correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.07) runs above the 3-year figure (-0.20). Stretching to 5 years gives -0.04, with an annualized covariance of -425.3 %².
Within BOTJ's tracked universe of 16 assets, IQST comes in at #9 by 3-year correlation. The last year tells two different stories: BOTJ led by 163.6 percentage points, +78.5% for BOTJ against -85.1% for IQST. Note the risk asymmetry: IQST runs 3.2 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.
BOTJ vs IQST: side by side
| BOTJ (Bank of the James Financial Group, Inc.) | IQST (iQSTEL Inc.) | |
|---|---|---|
| 1-year return | +78.5% | -85.1% |
| 5-year return | +119.5% | -98.1% |
| Volatility (ann.) | 25.5% | 81.9% |
| Beta vs S&P 500 | 0.22 | 1.03 |
| Max drawdown (3Y) | -27.8% | -97.1% |
| Market cap | $0.1B | – |
| P/E (trailing) | 10.6 | – |
| Dividend yield | 1.50% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOTJ | IQST |
|---|---|---|
| 2022 | -21.2% | -80.1% |
| 2023 | +5.8% | -18.9% |
| 2024 | +34.1% | +100.0% |
| 2025 | +20.3% | -87.7% |
| 2026 | +46.4% | -67.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOTJ and IQST good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BOTJ and IQST?
As of 2026-08-27, the correlation of weekly returns between BOTJ and IQST is -0.20 over 3 years, -0.07 over 1 year and -0.04 over 5 years.
Is IQST a good diversifier for BOTJ?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/botj-vs-iqst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/botj-vs-iqst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BOTJ correlations · IQST correlations
