BCAB vs CHD: Correlation
How closely do BioAtla, Inc. (BCAB) and Church & Dwight (CHD) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCAB and CHD?
Across a 3-year window, the weekly returns of BCAB and CHD correlate at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.10) sits close to the 3-year figure. Stretching to 5 years gives -0.01, with an annualized covariance of -405.4 %².
Out of 11 assets tracked against BCAB, CHD lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months CHD outperformed by 97.5 percentage points (-86.0% for BCAB against +11.5% for CHD). One caveat on sizing: BCAB is 6.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BCAB vs CHD: side by side
| BCAB (BioAtla, Inc.) | CHD (Church & Dwight) | |
|---|---|---|
| 1-year return | -86.0% | +11.5% |
| 5-year return | -99.8% | +30.0% |
| Volatility (ann.) | 119.3% | 17.6% |
| Beta vs S&P 500 | 2.75 | 0.07 |
| Max drawdown (3Y) | -98.4% | -27.3% |
| Market cap | – | $24.3B |
| P/E (trailing) | – | 33.0 |
| Dividend yield | 0.00% | 1.17% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BCAB | CHD |
|---|---|---|
| 2022 | -58.0% | -20.4% |
| 2023 | -70.2% | +18.7% |
| 2024 | -76.0% | +12.0% |
| 2025 | -3.9% | -18.9% |
| 2026 | -88.9% | +23.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCAB and CHD good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCAB and CHD?
As of 2026-08-27, the correlation of weekly returns between BCAB and CHD is -0.19 over 3 years, -0.10 over 1 year and -0.01 over 5 years.
Is CHD a good diversifier for BCAB?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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/bcab-vs-chd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bcab-vs-chd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCAB correlations · CHD correlations
