ABVC vs BJ: Correlation
ABVC BioPharma, Inc. (ABVC) and BJ's Wholesale Club Holdings, Inc. (BJ) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABVC and BJ?
Across a 3-year window, the weekly returns of ABVC and BJ correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Stretching to 5 years gives -0.07, with an annualized covariance of -624.1 %².
Out of 10 assets tracked against ABVC, BJ lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with BJ ahead by 66.4 points (-73.3% versus -6.9%). Risk is not evenly split, since ABVC carries 4.0 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.
ABVC vs BJ: side by side
| ABVC (ABVC BioPharma, Inc.) | BJ (BJ's Wholesale Club Holdings, Inc.) | |
|---|---|---|
| 1-year return | -73.3% | -6.9% |
| 5-year return | -97.5% | +59.5% |
| Volatility (ann.) | 106.7% | 26.4% |
| Beta vs S&P 500 | 1.35 | -0.14 |
| Max drawdown (3Y) | -85.0% | -30.1% |
| Market cap | – | $11.4B |
| P/E (trailing) | – | 20.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABVC | BJ |
|---|---|---|
| 2022 | -81.6% | -1.2% |
| 2023 | -81.4% | +0.8% |
| 2024 | -49.1% | +34.0% |
| 2025 | +261.0% | +0.8% |
| 2026 | -62.6% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABVC and BJ good diversifiers for each other?
Yes. With a correlation of -0.22, ABVC and BJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ABVC and BJ?
The ABVC/BJ correlation stands at -0.22 on a 3-year window (1 year: -0.31, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is BJ a good diversifier for ABVC?
Yes. With a correlation of -0.22, ABVC and BJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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/abvc-vs-bj.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: ABVC correlations · BJ correlations
