BBGI vs OGN: Correlation
How closely do Beasley Broadcast Group, Inc. (BBGI) and Organon & Co. (OGN) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBGI and OGN?
Over the past 3 years, BBGI and OGN moved with a correlation of 0.44, which is moderate. The link has tightened recently: the 1-year correlation (0.58) runs above the 3-year figure (0.44). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 4242.5 %².
By 3-year correlation, OGN places #8 of the 22 assets tracked against BBGI. Their recent paths diverged sharply: over the last 12 months BBGI outperformed by 278.0 percentage points (+328.8% for BBGI against +50.8% for OGN). Note the risk asymmetry: BBGI runs 3.4 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.
BBGI vs OGN: side by side
| BBGI (Beasley Broadcast Group, Inc.) | OGN (Organon & Co.) | |
|---|---|---|
| 1-year return | +328.8% | +50.8% |
| 5-year return | -61.6% | -50.3% |
| Volatility (ann.) | 178.9% | 53.4% |
| Beta vs S&P 500 | 1.94 | 0.88 |
| Max drawdown (3Y) | -85.2% | -74.1% |
| Market cap | – | $3.6B |
| P/E (trailing) | – | 17.6 |
| Dividend yield | 0.00% | 0.58% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBGI | OGN |
|---|---|---|
| 2022 | -51.6% | -4.9% |
| 2023 | -4.3% | -45.1% |
| 2024 | -46.5% | +9.9% |
| 2025 | -46.8% | -50.7% |
| 2026 | +293.8% | +93.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBGI and OGN good diversifiers for each other?
Reasonably. At 0.44, BBGI and OGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BBGI and OGN?
As of 2026-08-27, the correlation of weekly returns between BBGI and OGN is 0.44 over 3 years, 0.58 over 1 year and 0.41 over 5 years.
Is OGN a good diversifier for BBGI?
Reasonably. At 0.44, BBGI and OGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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-ogn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbgi-vs-ogn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBGI correlations · OGN correlations
