BTOG vs JVA: Correlation
Measured on weekly returns over the past three years, Bit Origin Limited - Class A (BTOG) and Coffee Holding Co., Inc. (JVA) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTOG and JVA?
Over the past 3 years, BTOG and JVA moved with a correlation of 0.35, which is moderate. The link has loosened recently: the 1-year correlation (0.14) runs below the 3-year figure (0.35). Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 6767.7 %².
Within BTOG's tracked universe of 12 assets, JVA comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JVA outperformed by 84.1 percentage points (-97.2% for BTOG against -13.1% for JVA). One caveat on sizing: BTOG is 2.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BTOG vs JVA: side by side
| BTOG (Bit Origin Limited - Class A) | JVA (Coffee Holding Co., Inc.) | |
|---|---|---|
| 1-year return | -97.2% | -13.1% |
| 5-year return | -100.0% | -29.2% |
| Volatility (ann.) | 229.6% | 85.3% |
| Beta vs S&P 500 | 1.61 | 0.72 |
| Max drawdown (3Y) | -99.9% | -70.3% |
| Market cap | – | – |
| P/E (trailing) | – | 12.8 |
| Dividend yield | 0.00% | 2.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTOG | JVA |
|---|---|---|
| 2022 | -87.2% | -52.8% |
| 2023 | -21.4% | -55.4% |
| 2024 | -76.4% | +275.8% |
| 2025 | -82.4% | +13.5% |
| 2026 | -93.1% | -8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTOG and JVA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BTOG and JVA?
As of 2026-08-27, the correlation of weekly returns between BTOG and JVA is 0.35 over 3 years, 0.14 over 1 year and 0.30 over 5 years.
Is JVA a good diversifier for BTOG?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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/btog-vs-jva.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/btog-vs-jva/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BTOG correlations · JVA correlations
