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BBLG vs UZX: Correlation

Bone Biologics Corp (BBLG) and Linkage Global Inc - Class A (UZX) show a negative relationship: their 3-year correlation of weekly returns is -0.27.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.27
negative
Correlation (1Y)
0.12
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-5535.4
%² · weekly, annualized

How correlated are BBLG and UZX?

Across a 3-year window, the weekly returns of BBLG and UZX correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.12 versus -0.27 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -5535.4 %².

UZX is close to the least connected end of BBLG's tracked universe, ranking #13 of 14. Correlation aside, the last 12 months split them widely, with BBLG ahead by 23.2 points (-71.4% versus -94.6%).

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.

BBLG vs UZX: side by side

BBLG (Bone Biologics Corp)UZX (Linkage Global Inc - Class A)
1-year return-71.4%-94.6%
5-year return-100.0%n/a
Volatility (ann.)140.7%137.7%
Beta vs S&P 5000.690.09
Max drawdown (3Y)-98.4%-99.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BBLG -98.4% vs -99.8%
-95%0%+10%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BBLG · UZX

Year-by-year returns

YearBBLGUZX
2022-94.0%
2023-91.0%
2024-79.2%-71.7%
2025-74.3%-58.8%
2026-57.6%-93.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BBLG and UZX good diversifiers for each other?

By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.

FAQ

What is the correlation between BBLG and UZX?

The BBLG/UZX correlation stands at -0.27 on a 3-year window (1 year: 0.12, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is UZX a good diversifier for BBLG?

By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.

What does a correlation of -0.27 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

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BBLG vs UZX: 3-year weekly correlation -0.27BBLG vs UZX-0.27

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Hubs: BBLG correlations · UZX correlations