AMD vs BVC: Correlation
Advanced Micro Devices (AMD) and BitVentures Limited (BVC) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMD and BVC?
Across a 3-year window, the weekly returns of AMD and BVC correlate at -0.17, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.17 over 3. Stretching to 5 years gives -0.13, with an annualized covariance of -4539.1 %².
Among the 33 assets we track against AMD, BVC ranks #24 by 3-year correlation. The last year tells two different stories: BVC led by 1636.8 percentage points, +185.2% for AMD against +1822.0% for BVC. One caveat on sizing: BVC is 8.6 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.
AMD vs BVC: side by side
| AMD (Advanced Micro Devices) | BVC (BitVentures Limited) | |
|---|---|---|
| 1-year return | +185.2% | +1822.0% |
| 5-year return | +328.2% | +74.6% |
| Volatility (ann.) | 55.7% | 476.9% |
| Beta vs S&P 500 | 2.04 | 1.30 |
| Max drawdown (3Y) | -63.0% | -97.2% |
| Market cap | $778.2B | $2.1B |
| P/E (trailing) | 121.9 | 8.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AMD | BVC |
|---|---|---|
| 2022 | -55.0% | +1.2% |
| 2023 | +127.6% | -67.4% |
| 2024 | -18.1% | -33.5% |
| 2025 | +77.3% | -7.3% |
| 2026 | +122.6% | +1002.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMD and BVC good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMD and BVC?
The AMD/BVC correlation stands at -0.17 on a 3-year window (1 year: -0.19, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is BVC a good diversifier for AMD?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 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/amd-vs-bvc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amd-vs-bvc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMD correlations · BVC correlations
