AUPH vs BGLC: Correlation
Measured on weekly returns over the past three years, Aurinia Pharmaceuticals Inc (AUPH) and BioNexus Gene Lab Corp (BGLC) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and BGLC?
Over the past 3 years, AUPH and BGLC moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.22) runs above the 3-year figure (-0.22). Over 5 years the correlation is 0.02, and the annualized covariance of weekly returns is -1602.7 %².
Among the 20 assets we track against AUPH, BGLC ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AUPH ahead by 109.2 points (+36.0% versus -73.2%). Risk is not evenly split, since BGLC carries 4.3 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.
AUPH vs BGLC: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | BGLC (BioNexus Gene Lab Corp) | |
|---|---|---|
| 1-year return | +36.0% | -73.2% |
| 5-year return | -3.2% | -99.2% |
| Volatility (ann.) | 41.8% | 177.7% |
| Beta vs S&P 500 | 0.59 | 1.05 |
| Max drawdown (3Y) | -52.8% | -93.4% |
| Market cap | $2.2B | – |
| P/E (trailing) | 7.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUPH | BGLC |
|---|---|---|
| 2022 | -81.1% | -55.4% |
| 2023 | +108.1% | -95.4% |
| 2024 | -0.1% | -47.2% |
| 2025 | +77.6% | +41.1% |
| 2026 | +3.3% | -62.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and BGLC good diversifiers for each other?
Yes. With a correlation of -0.22, AUPH and BGLC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUPH and BGLC?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with 0.22 over the last year and 0.02 over 5 years.
Is BGLC a good diversifier for AUPH?
Yes. With a correlation of -0.22, AUPH and BGLC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/auph-vs-bglc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auph-vs-bglc/)
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Hubs: AUPH correlations · BGLC correlations
