BBGI vs BGDE: Correlation
Beasley Broadcast Group, Inc. (BBGI) and Big Digital Energy, Inc. (BGDE) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBGI and BGDE?
On 3 years of weekly data the BBGI/BGDE correlation comes out at 0.54, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.68 versus 0.54 over 3 years. The 5-year figure is 0.46, and annualized covariance runs at 17553.1 %².
Few assets follow BBGI as closely as BGDE, which ranks #3 of 22 tracked partners. Correlation aside, the last 12 months split them widely, with BBGI ahead by 342.1 points (+328.8% versus -13.3%).
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.
BBGI vs BGDE: side by side
| BBGI (Beasley Broadcast Group, Inc.) | BGDE (Big Digital Energy, Inc.) | |
|---|---|---|
| 1-year return | +328.8% | -13.3% |
| 5-year return | -61.6% | -99.6% |
| Volatility (ann.) | 178.9% | 181.6% |
| Beta vs S&P 500 | 1.94 | 4.23 |
| Max drawdown (3Y) | -85.2% | -98.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBGI | BGDE |
|---|---|---|
| 2022 | -51.6% | -96.5% |
| 2023 | -4.3% | +131.9% |
| 2024 | -46.5% | -74.1% |
| 2025 | -46.8% | -74.6% |
| 2026 | +293.8% | +72.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBGI and BGDE good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BBGI and BGDE?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.68 over the last year and 0.46 over 5 years.
Is BGDE a good diversifier for BBGI?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/bbgi-vs-bgde.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbgi-vs-bgde/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBGI correlations · BGDE correlations
