BTCT vs KEYS: Correlation
How closely do BTC Digital Ltd. (BTCT) and Keysight Technologies (KEYS) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTCT and KEYS?
On 3 years of weekly data the BTCT/KEYS correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.16) sits close to the 3-year figure. The 5-year figure is -0.09, and annualized covariance runs at -3125.8 %².
Among the 52 assets we track against BTCT, KEYS ranks #17 by 3-year correlation. The last year tells two different stories: KEYS led by 117.6 percentage points, -20.2% for BTCT against +97.4% for KEYS. Risk is not evenly split, since BTCT carries 15.5 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.
BTCT vs KEYS: side by side
| BTCT (BTC Digital Ltd.) | KEYS (Keysight Technologies) | |
|---|---|---|
| 1-year return | -20.2% | +97.4% |
| 5-year return | -99.5% | +81.9% |
| Volatility (ann.) | 571.6% | 36.8% |
| Beta vs S&P 500 | -2.21 | 1.58 |
| Max drawdown (3Y) | -97.8% | -31.4% |
| Market cap | – | $55.5B |
| P/E (trailing) | – | 43.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | BTCT | KEYS |
|---|---|---|
| 2022 | -97.6% | -17.2% |
| 2023 | +33.9% | -7.0% |
| 2024 | -0.8% | +1.0% |
| 2025 | -72.8% | +26.5% |
| 2026 | +61.5% | +60.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTCT and KEYS good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BTCT and KEYS?
As of 2026-08-27, the correlation of weekly returns between BTCT and KEYS is -0.15 over 3 years, -0.16 over 1 year and -0.09 over 5 years.
Is KEYS a good diversifier for BTCT?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 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/btct-vs-keys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/btct-vs-keys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BTCT correlations · KEYS correlations
