AZTR vs BMR: Correlation
How closely do Azitra Inc (AZTR) and Beamr Imaging Ltd. (BMR) trade together? Their weekly returns over three years give a correlation of -0.35, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZTR and BMR?
Over the past 3 years, AZTR and BMR moved with a correlation of -0.35, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.13 versus -0.35 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -12848.5 %².
Out of 10 assets tracked against AZTR, BMR lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with BMR ahead by 24.2 points (-82.0% versus -57.8%). One caveat on sizing: BMR is 2.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AZTR vs BMR: side by side
| AZTR (Azitra Inc) | BMR (Beamr Imaging Ltd.) | |
|---|---|---|
| 1-year return | -82.0% | -57.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 113.7% | 324.4% |
| Beta vs S&P 500 | 1.30 | 1.15 |
| Max drawdown (3Y) | -100.0% | -92.7% |
| Market cap | – | – |
| P/E (trailing) | 9.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZTR | BMR |
|---|---|---|
| 2024 | -98.5% | +239.3% |
| 2025 | -90.7% | -68.1% |
| 2026 | -29.9% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZTR and BMR good diversifiers for each other?
Yes. With a correlation of -0.35, AZTR and BMR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AZTR and BMR?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with 0.13 over the last year and n/a over 5 years.
Is BMR a good diversifier for AZTR?
Yes. With a correlation of -0.35, AZTR and BMR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.35 mean?
A reading of -0.35 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/aztr-vs-bmr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aztr-vs-bmr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZTR correlations · BMR correlations
