AIHS vs BGLC: Correlation
How closely do Senmiao Technology Limited (AIHS) and BioNexus Gene Lab Corp (BGLC) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIHS and BGLC?
On 3 years of weekly data the AIHS/BGLC correlation comes out at 0.28, weak. The past 12 months show a weaker link (-0.02) than the 3-year average (0.28). The 5-year figure is 0.21, and annualized covariance runs at 4409.5 %².
Few assets follow AIHS as closely as BGLC, which ranks #2 of 19 tracked partners. Over the last 12 months AIHS came out ahead by 14.9 percentage points (-58.3% against -73.2%). Risk is not evenly split, since BGLC carries 2.1 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.
AIHS vs BGLC: side by side
| AIHS (Senmiao Technology Limited) | BGLC (BioNexus Gene Lab Corp) | |
|---|---|---|
| 1-year return | -58.3% | -73.2% |
| 5-year return | -97.9% | -99.2% |
| Volatility (ann.) | 85.8% | 177.7% |
| Beta vs S&P 500 | -0.01 | 1.05 |
| Max drawdown (3Y) | -93.0% | -93.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIHS | BGLC |
|---|---|---|
| 2022 | -75.6% | -55.4% |
| 2023 | -54.6% | -95.4% |
| 2024 | +161.0% | -47.2% |
| 2025 | -90.0% | +41.1% |
| 2026 | +22.4% | -62.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIHS and BGLC good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIHS and BGLC?
The AIHS/BGLC correlation stands at 0.28 on a 3-year window (1 year: -0.02, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is BGLC a good diversifier for AIHS?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
A reading of 0.28 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aihs-vs-bglc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aihs-vs-bglc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIHS correlations · BGLC correlations
