ABVC vs BKD: Correlation
How closely do ABVC BioPharma, Inc. (ABVC) and Brookdale Senior Living Inc. (BKD) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABVC and BKD?
On 3 years of weekly data the ABVC/BKD correlation comes out at 0.29, weak. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.29 over 3 years. The 5-year figure is 0.17, and annualized covariance runs at 1284.9 %².
Among the 10 assets we track against ABVC, BKD ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BKD ahead by 127.5 points (-73.3% versus +54.2%). One caveat on sizing: ABVC is 2.6 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.
ABVC vs BKD: side by side
| ABVC (ABVC BioPharma, Inc.) | BKD (Brookdale Senior Living Inc.) | |
|---|---|---|
| 1-year return | -73.3% | +54.2% |
| 5-year return | -97.5% | +76.8% |
| Volatility (ann.) | 106.7% | 41.3% |
| Beta vs S&P 500 | 1.35 | 0.15 |
| Max drawdown (3Y) | -85.0% | -43.6% |
| Market cap | – | $2.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABVC | BKD |
|---|---|---|
| 2022 | -81.6% | -47.1% |
| 2023 | -81.4% | +113.2% |
| 2024 | -49.1% | -13.6% |
| 2025 | +261.0% | +114.5% |
| 2026 | -62.6% | +12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABVC and BKD good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABVC and BKD?
As of 2026-08-27, the correlation of weekly returns between ABVC and BKD is 0.29 over 3 years, 0.10 over 1 year and 0.17 over 5 years.
Is BKD a good diversifier for ABVC?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 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-bkd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abvc-vs-bkd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABVC correlations · BKD correlations
