ARBB vs BMR: Correlation
Measured on weekly returns over the past three years, ARB IOT Group Limited (ARBB) and Beamr Imaging Ltd. (BMR) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARBB and BMR?
Over the past 3 years, ARBB and BMR moved with a correlation of 0.38, which is moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.38). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 20508.6 %².
Within ARBB's tracked universe of 12 assets, BMR comes in at #4 by 3-year correlation. The last year tells two different stories: ARBB led by 58.6 percentage points, +0.8% for ARBB against -57.8% for BMR. Risk is not evenly split, since BMR carries 1.9 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.
ARBB vs BMR: side by side
| ARBB (ARB IOT Group Limited) | BMR (Beamr Imaging Ltd.) | |
|---|---|---|
| 1-year return | +0.8% | -57.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 167.6% | 324.4% |
| Beta vs S&P 500 | 0.32 | 1.15 |
| Max drawdown (3Y) | -90.3% | -92.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARBB | BMR |
|---|---|---|
| 2024 | -80.7% | +239.3% |
| 2025 | -21.7% | -68.1% |
| 2026 | -26.0% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARBB and BMR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARBB and BMR?
The ARBB/BMR correlation stands at 0.38 on a 3-year window (1 year: 0.13, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is BMR a good diversifier for ARBB?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/arbb-vs-bmr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arbb-vs-bmr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARBB correlations · BMR correlations
