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BTCS vs PLAG: Correlation

BTCS Inc. (BTCS) and Planet Green Holdings Corp. (PLAG) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.

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

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.08
last 12 months
Correlation (5Y)
0.40
long-run
Ann. covariance
12937.5
%² · weekly, annualized

How correlated are BTCS and PLAG?

Across a 3-year window, the weekly returns of BTCS and PLAG correlate at 0.50, moderate. The link has loosened recently: the 1-year correlation (0.08) runs below the 3-year figure (0.50). Stretching to 5 years gives 0.40, with an annualized covariance of 12937.5 %².

Within BTCS's tracked universe of 20 assets, PLAG comes in at #6 by 3-year correlation. Twelve-month performance is nearly a tie, at -62.3% for BTCS and -59.1% for PLAG.

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.

BTCS vs PLAG: side by side

BTCS (BTCS Inc.)PLAG (Planet Green Holdings Corp.)
1-year return-62.3%-59.1%
5-year return-79.2%-94.2%
Volatility (ann.)161.4%160.4%
Beta vs S&P 5000.34-0.67
Max drawdown (3Y)-84.9%-93.8%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BTCS -84.9% vs -93.8%Higher 5y return: BTCS -79.2% vs -94.2%
-76%0%+136%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BTCS · PLAG

Year-by-year returns

YearBTCSPLAG
2022-79.6%-39.2%
2023+158.7%-21.0%
2024+51.5%-46.9%
2025+8.1%-15.8%
2026-39.8%-67.0%

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

Are BTCS and PLAG good diversifiers for each other?

To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between BTCS and PLAG?

Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.08 over the last year and 0.40 over 5 years.

Is PLAG a good diversifier for BTCS?

To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.50 mean?

A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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BTCS vs PLAG: 3-year weekly correlation 0.50BTCS vs PLAG0.50

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Related comparisons

Hubs: BTCS correlations · PLAG correlations