AGIG vs BSIN: Correlation
Measured on weekly returns over the past three years, Abundia Global Impact Group Inc. (AGIG) and Big Sky Industrial Inc. (BSIN) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and BSIN?
Across a 3-year window, the weekly returns of AGIG and BSIN correlate at 0.64, strong. The link has loosened recently: the 1-year correlation (0.27) runs below the 3-year figure (0.64). Stretching to 5 years gives 0.65, with an annualized covariance of 7561.3 %².
BSIN is one of the assets that tracks AGIG most closely: it ranks #2 out of the 34 assets we track against AGIG. Correlation aside, the last 12 months split them widely, with BSIN ahead by 116.7 points (-88.7% versus +28.0%). One caveat on sizing: AGIG is 2.1 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.
AGIG vs BSIN: side by side
| AGIG (Abundia Global Impact Group Inc.) | BSIN (Big Sky Industrial Inc.) | |
|---|---|---|
| 1-year return | -88.7% | +28.0% |
| 5-year return | -94.6% | -60.2% |
| Volatility (ann.) | 157.1% | 75.7% |
| Beta vs S&P 500 | -0.21 | 0.30 |
| Max drawdown (3Y) | -96.7% | -81.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIG | BSIN |
|---|---|---|
| 2022 | +140.6% | -28.2% |
| 2023 | -48.0% | -55.3% |
| 2024 | -27.9% | +63.0% |
| 2025 | -84.7% | -43.6% |
| 2026 | -51.0% | +64.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and BSIN good diversifiers for each other?
Only partially. A correlation of 0.64 means AGIG and BSIN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AGIG and BSIN?
The AGIG/BSIN correlation stands at 0.64 on a 3-year window (1 year: 0.27, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is BSIN a good diversifier for AGIG?
Only partially. A correlation of 0.64 means AGIG and BSIN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agig-vs-bsin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agig-vs-bsin/)
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Related comparisons
Hubs: AGIG correlations · BSIN correlations
