BBOT vs CCI: Correlation
Measured on weekly returns over the past three years, BridgeBio Oncology Therapeutics, Inc. (BBOT) and Crown Castle (CCI) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBOT and CCI?
Over the past 3 years, BBOT and CCI moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -141.4 %².
Among the 27 assets we track against BBOT, CCI ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BBOT ahead by 20.2 points (-1.3% versus -21.5%).
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.
BBOT vs CCI: side by side
| BBOT (BridgeBio Oncology Therapeutics, Inc.) | CCI (Crown Castle) | |
|---|---|---|
| 1-year return | -1.3% | -21.5% |
| 5-year return | n/a | -50.4% |
| Volatility (ann.) | 34.5% | 28.4% |
| Beta vs S&P 500 | 0.30 | 0.22 |
| Max drawdown (3Y) | -48.1% | -33.0% |
| Market cap | $0.7B | $32.8B |
| P/E (trailing) | – | 30.9 |
| Dividend yield | 0.00% | 5.63% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | BBOT | CCI |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | -10.2% |
| 2024 | – | -16.4% |
| 2025 | +19.2% | +3.0% |
| 2026 | -26.7% | -13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBOT and CCI good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BBOT and CCI?
The BBOT/CCI correlation stands at -0.15 on a 3-year window (1 year: -0.20, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is CCI a good diversifier for BBOT?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/bbot-vs-cci.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbot-vs-cci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BBOT correlations · CCI correlations
