BAOS vs SES: Correlation
Baosheng Media Group Holdings Limited (BAOS) and SES AI Corporation (SES) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAOS and SES?
On 3 years of weekly data the BAOS/SES correlation comes out at 0.56, moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.56). The 5-year figure is 0.28, and annualized covariance runs at 18560.6 %².
SES is one of the assets that tracks BAOS most closely: it ranks #2 out of the 12 assets we track against BAOS. The last year tells two different stories: SES led by 33.5 percentage points, -84.5% for BAOS against -51.0% for SES. One caveat on sizing: SES is 2.6 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.
BAOS vs SES: side by side
| BAOS (Baosheng Media Group Holdings Limited) | SES (SES AI Corporation) | |
|---|---|---|
| 1-year return | -84.5% | -51.0% |
| 5-year return | -96.8% | -94.5% |
| Volatility (ann.) | 113.6% | 294.5% |
| Beta vs S&P 500 | 2.15 | 2.43 |
| Max drawdown (3Y) | -94.0% | -89.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BAOS | SES |
|---|---|---|
| 2022 | -3.9% | -68.3% |
| 2023 | -30.0% | -41.9% |
| 2024 | -29.1% | +19.7% |
| 2025 | +6.6% | -17.8% |
| 2026 | -84.3% | -69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAOS and SES good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BAOS and SES?
As of 2026-08-27, the correlation of weekly returns between BAOS and SES is 0.56 over 3 years, 0.25 over 1 year and 0.28 over 5 years.
Is SES a good diversifier for BAOS?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/baos-vs-ses.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/baos-vs-ses/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BAOS correlations · SES correlations
