BBGI vs UCAR: Correlation
Measured on weekly returns over the past three years, Beasley Broadcast Group, Inc. (BBGI) and U Power Limited - Class A (UCAR) carry a correlation of 0.69, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBGI and UCAR?
On 3 years of weekly data the BBGI/UCAR correlation comes out at 0.69, strong. Lately the two have moved closer together, with the 1-year correlation at 0.81 versus 0.69 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 23039.7 %².
In BBGI's tracked universe of 22 assets, UCAR sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months BBGI outperformed by 425.7 percentage points (+328.8% for BBGI against -96.9% for UCAR).
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 UCAR: side by side
| BBGI (Beasley Broadcast Group, Inc.) | UCAR (U Power Limited - Class A) | |
|---|---|---|
| 1-year return | +328.8% | -96.9% |
| 5-year return | -61.6% | n/a |
| Volatility (ann.) | 178.9% | 186.9% |
| Beta vs S&P 500 | 1.94 | 2.54 |
| Max drawdown (3Y) | -85.2% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBGI | UCAR |
|---|---|---|
| 2022 | -51.6% | – |
| 2023 | -4.3% | – |
| 2024 | -46.5% | -64.0% |
| 2025 | -46.8% | -77.1% |
| 2026 | +293.8% | -95.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBGI and UCAR good diversifiers for each other?
To a limited degree. At 0.69 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 BBGI and UCAR?
The BBGI/UCAR correlation stands at 0.69 on a 3-year window (1 year: 0.81, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is UCAR a good diversifier for BBGI?
To a limited degree. At 0.69 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 0.69 mean?
On the −1 to +1 scale, 0.69 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-ucar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbgi-vs-ucar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBGI correlations · UCAR correlations
