BBGI vs TU: Correlation
Beasley Broadcast Group, Inc. (BBGI) and Telus Corporation (TU) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBGI and TU?
Over the past 3 years, BBGI and TU moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -799.1 %².
Within BBGI's tracked universe of 22 assets, TU comes in at #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BBGI outperformed by 366.8 percentage points (+328.8% for BBGI against -38.0% for TU). One caveat on sizing: BBGI is 8.8 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.
BBGI vs TU: side by side
| BBGI (Beasley Broadcast Group, Inc.) | TU (Telus Corporation) | |
|---|---|---|
| 1-year return | +328.8% | -38.0% |
| 5-year return | -61.6% | -44.5% |
| Volatility (ann.) | 178.9% | 20.3% |
| Beta vs S&P 500 | 1.94 | 0.21 |
| Max drawdown (3Y) | -85.2% | -40.6% |
| Market cap | – | $15.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 17.24% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBGI | TU |
|---|---|---|
| 2022 | -51.6% | -14.3% |
| 2023 | -4.3% | -2.4% |
| 2024 | -46.5% | -18.4% |
| 2025 | -46.8% | +0.7% |
| 2026 | +293.8% | -22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBGI and TU good diversifiers for each other?
Yes. With a correlation of -0.22, BBGI and TU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BBGI and TU?
As of 2026-08-27, the correlation of weekly returns between BBGI and TU is -0.22 over 3 years, -0.27 over 1 year and -0.16 over 5 years.
Is TU a good diversifier for BBGI?
Yes. With a correlation of -0.22, BBGI and TU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/bbgi-vs-tu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbgi-vs-tu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBGI correlations · TU correlations
