BBOT vs TWIN: Correlation
BridgeBio Oncology Therapeutics, Inc. (BBOT) and Twin Disc, Incorporated (TWIN) 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 BBOT and TWIN?
Over the past 3 years, BBOT and TWIN moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -396.1 %².
Within BBOT's tracked universe of 27 assets, TWIN comes in at #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TWIN outperformed by 87.5 percentage points (-1.3% for BBOT against +86.2% for TWIN).
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 TWIN: side by side
| BBOT (BridgeBio Oncology Therapeutics, Inc.) | TWIN (Twin Disc, Incorporated) | |
|---|---|---|
| 1-year return | -1.3% | +86.2% |
| 5-year return | n/a | +98.7% |
| Volatility (ann.) | 34.5% | 50.6% |
| Beta vs S&P 500 | 0.30 | 0.83 |
| Max drawdown (3Y) | -48.1% | -64.4% |
| Market cap | $0.7B | $0.3B |
| P/E (trailing) | – | 12.6 |
| Dividend yield | 0.00% | 0.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBOT | TWIN |
|---|---|---|
| 2022 | – | -11.3% |
| 2023 | – | +66.7% |
| 2024 | – | -26.4% |
| 2025 | +19.2% | +44.4% |
| 2026 | -26.7% | +41.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBOT and TWIN good diversifiers for each other?
Yes. With a correlation of -0.22, BBOT and TWIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BBOT and TWIN?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.18 over the last year and n/a over 5 years.
Is TWIN a good diversifier for BBOT?
Yes. With a correlation of -0.22, BBOT and TWIN 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/bbot-vs-twin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbot-vs-twin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBOT correlations · TWIN correlations
