BBOT vs CHEF: Correlation
Measured on weekly returns over the past three years, BridgeBio Oncology Therapeutics, Inc. (BBOT) and The Chefs' Warehouse, Inc. (CHEF) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBOT and CHEF?
On 3 years of weekly data the BBOT/CHEF correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.28). The 5-year figure is n/a, and annualized covariance runs at -379.0 %².
Among the 27 assets we track against BBOT, CHEF sits near the bottom by co-movement, at rank #24. Their recent paths diverged sharply: over the last 12 months CHEF outperformed by 79.0 percentage points (-1.3% for BBOT against +77.7% for CHEF).
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 CHEF: side by side
| BBOT (BridgeBio Oncology Therapeutics, Inc.) | CHEF (The Chefs' Warehouse, Inc.) | |
|---|---|---|
| 1-year return | -1.3% | +77.7% |
| 5-year return | n/a | +273.0% |
| Volatility (ann.) | 34.5% | 44.0% |
| Beta vs S&P 500 | 0.30 | 1.23 |
| Max drawdown (3Y) | -48.1% | -37.8% |
| Market cap | $0.7B | $4.5B |
| P/E (trailing) | – | 53.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBOT | CHEF |
|---|---|---|
| 2022 | – | -0.1% |
| 2023 | – | -11.6% |
| 2024 | – | +67.6% |
| 2025 | +19.2% | +26.4% |
| 2026 | -26.7% | +78.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBOT and CHEF good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BBOT and CHEF?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.40 over the last year and n/a over 5 years.
Is CHEF a good diversifier for BBOT?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 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
$ curl https://www.pairbook.io/api/v1/pairs/bbot-vs-chef.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbot-vs-chef/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBOT correlations · CHEF correlations
