APLM vs BDL: Correlation
Measured on weekly returns over the past three years, Apollomics Inc. - Class A (APLM) and Flanigan's Enterprises, Inc. (BDL) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APLM and BDL?
Over the past 3 years, APLM and BDL moved with a correlation of 0.30, which is moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 1918.8 %².
By 3-year correlation, BDL places #6 of the 12 assets tracked against APLM. Their recent paths diverged sharply: over the last 12 months APLM outperformed by 258.3 percentage points (+322.2% for APLM against +63.9% for BDL). Risk is not evenly split, since APLM carries 4.0 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.
APLM vs BDL: side by side
| APLM (Apollomics Inc. - Class A) | BDL (Flanigan's Enterprises, Inc.) | |
|---|---|---|
| 1-year return | +322.2% | +63.9% |
| 5-year return | -97.3% | +118.2% |
| Volatility (ann.) | 159.8% | 39.5% |
| Beta vs S&P 500 | 0.72 | 0.37 |
| Max drawdown (3Y) | -99.2% | -30.5% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 13.4 |
| Dividend yield | 0.00% | 1.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | APLM | BDL |
|---|---|---|
| 2022 | +4.3% | -13.7% |
| 2023 | -90.7% | +0.8% |
| 2024 | -89.9% | +0.0% |
| 2025 | +91.7% | +19.2% |
| 2026 | +40.7% | +64.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APLM and BDL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between APLM and BDL?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.33 over the last year and 0.25 over 5 years.
Is BDL a good diversifier for APLM?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 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
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Related comparisons
Hubs: APLM correlations · BDL correlations
