BBW vs YTRA: Correlation
How closely do Build-A-Bear Workshop, Inc. (BBW) and Yatra Online, Inc. (YTRA) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBW and YTRA?
Across a 3-year window, the weekly returns of BBW and YTRA correlate at 0.36, moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.36 over 3. Stretching to 5 years gives 0.23, with an annualized covariance of 975.3 %².
By 3-year correlation, YTRA places #4 of the 16 assets tracked against BBW. The last year tells two different stories: YTRA led by 20.8 percentage points, -50.4% for BBW against -29.6% for YTRA.
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.
BBW vs YTRA: side by side
| BBW (Build-A-Bear Workshop, Inc.) | YTRA (Yatra Online, Inc.) | |
|---|---|---|
| 1-year return | -50.4% | -29.6% |
| 5-year return | +86.4% | -46.2% |
| Volatility (ann.) | 48.4% | 56.1% |
| Beta vs S&P 500 | 0.89 | 1.03 |
| Max drawdown (3Y) | -61.7% | -77.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | 9.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBW | YTRA |
|---|---|---|
| 2022 | +22.1% | +39.3% |
| 2023 | +2.8% | -32.4% |
| 2024 | +105.6% | -22.7% |
| 2025 | +35.4% | +41.3% |
| 2026 | -53.0% | -44.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBW and YTRA good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BBW and YTRA?
The BBW/YTRA correlation stands at 0.36 on a 3-year window (1 year: 0.32, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is YTRA a good diversifier for BBW?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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
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Related comparisons
Hubs: BBW correlations · YTRA correlations
