AZO vs BCRX: Correlation
AutoZone (AZO) and BioCryst Pharmaceuticals, Inc. (BCRX) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZO and BCRX?
Over the past 3 years, AZO and BCRX moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.31) than the 3-year average (-0.20). Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -215.2 %².
By 3-year correlation, BCRX places #21 of the 30 assets tracked against AZO. Correlation aside, the last 12 months split them widely, with BCRX ahead by 46.1 points (-30.3% versus +15.8%). Risk is not evenly split, since BCRX carries 2.0 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.
AZO vs BCRX: side by side
| AZO (AutoZone) | BCRX (BioCryst Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -30.3% | +15.8% |
| 5-year return | +88.5% | -37.1% |
| Volatility (ann.) | 23.2% | 47.1% |
| Beta vs S&P 500 | 0.31 | 0.75 |
| Max drawdown (3Y) | -32.9% | -46.0% |
| Market cap | – | $2.5B |
| P/E (trailing) | 20.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | AZO | BCRX |
|---|---|---|
| 2022 | +17.6% | -17.1% |
| 2023 | +4.8% | -47.8% |
| 2024 | +23.8% | +25.5% |
| 2025 | +5.9% | +3.7% |
| 2026 | -13.5% | +26.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZO and BCRX good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AZO and BCRX?
The AZO/BCRX correlation stands at -0.20 on a 3-year window (1 year: -0.31, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is BCRX a good diversifier for AZO?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/azo-vs-bcrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/azo-vs-bcrx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZO correlations · BCRX correlations
