AIRS vs BBUC: Correlation
Measured on weekly returns over the past three years, AirSculpt Technologies, Inc. (AIRS) and Brookfield Business Corporation Class A Subordinate Voting (BBUC) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIRS and BBUC?
On 3 years of weekly data the AIRS/BBUC correlation comes out at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.41). The 5-year figure is 0.40, and annualized covariance runs at 1704.7 %².
In AIRS's tracked universe of 11 assets, BBUC sits right near the top at #2. Correlation aside, the last 12 months split them widely, with BBUC ahead by 39.7 points (-59.0% versus -19.3%). Note the risk asymmetry: AIRS runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AIRS vs BBUC: side by side
| AIRS (AirSculpt Technologies, Inc.) | BBUC (Brookfield Business Corporation Class A Subordinate Voting) | |
|---|---|---|
| 1-year return | -59.0% | -19.3% |
| 5-year return | -82.9% | -20.8% |
| Volatility (ann.) | 100.5% | 41.8% |
| Beta vs S&P 500 | 2.11 | 1.45 |
| Max drawdown (3Y) | -86.4% | -29.3% |
| Market cap | $0.2B | $5.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIRS | BBUC |
|---|---|---|
| 2022 | -77.5% | – |
| 2023 | +102.4% | +25.6% |
| 2024 | -30.7% | +5.4% |
| 2025 | -61.8% | +48.8% |
| 2026 | +31.8% | -21.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIRS and BBUC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AIRS and BBUC?
As of 2026-08-27, the correlation of weekly returns between AIRS and BBUC is 0.41 over 3 years, 0.22 over 1 year and 0.40 over 5 years.
Is BBUC a good diversifier for AIRS?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/airs-vs-bbuc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/airs-vs-bbuc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIRS correlations · BBUC correlations
