AUPH vs BMR: Correlation
Measured on weekly returns over the past three years, Aurinia Pharmaceuticals Inc (AUPH) and Beamr Imaging Ltd. (BMR) carry a correlation of -0.42, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and BMR?
Across a 3-year window, the weekly returns of AUPH and BMR correlate at -0.42, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.12 versus -0.42 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -5664.9 %².
BMR is close to the least connected end of AUPH's tracked universe, ranking #20 of 20. Correlation aside, the last 12 months split them widely, with AUPH ahead by 93.8 points (+36.0% versus -57.8%). Note the risk asymmetry: BMR runs 7.8 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.
AUPH vs BMR: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | BMR (Beamr Imaging Ltd.) | |
|---|---|---|
| 1-year return | +36.0% | -57.8% |
| 5-year return | -3.2% | n/a |
| Volatility (ann.) | 41.8% | 324.4% |
| Beta vs S&P 500 | 0.59 | 1.15 |
| Max drawdown (3Y) | -52.8% | -92.7% |
| 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 | BMR |
|---|---|---|
| 2022 | -81.1% | – |
| 2023 | +108.1% | – |
| 2024 | -0.1% | +239.3% |
| 2025 | +77.6% | -68.1% |
| 2026 | +3.3% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and BMR good diversifiers for each other?
Yes. With a correlation of -0.42, AUPH and BMR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUPH and BMR?
The AUPH/BMR correlation stands at -0.42 on a 3-year window (1 year: -0.12, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is BMR a good diversifier for AUPH?
Yes. With a correlation of -0.42, AUPH and BMR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.42 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/auph-vs-bmr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/auph-vs-bmr/)
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Related comparisons
Hubs: AUPH correlations · BMR correlations
