BCDA vs KINS: Correlation
Measured on weekly returns over the past three years, BioCardia, Inc. (BCDA) and Kingstone Companies, Inc (KINS) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCDA and KINS?
On 3 years of weekly data the BCDA/KINS correlation comes out at 0.39, moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.39). The 5-year figure is 0.26, and annualized covariance runs at 2762.8 %².
Within BCDA's tracked universe of 13 assets, KINS comes in at #6 by 3-year correlation. The last year tells two different stories: KINS led by 92.8 percentage points, -39.7% for BCDA against +53.1% for KINS.
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.
BCDA vs KINS: side by side
| BCDA (BioCardia, Inc.) | KINS (Kingstone Companies, Inc) | |
|---|---|---|
| 1-year return | -39.7% | +53.1% |
| 5-year return | -97.4% | +201.6% |
| Volatility (ann.) | 102.2% | 69.2% |
| Beta vs S&P 500 | 1.62 | 0.71 |
| Max drawdown (3Y) | -95.2% | -38.8% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 8.2 |
| Dividend yield | 0.00% | 0.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCDA | KINS |
|---|---|---|
| 2022 | +7.7% | -72.3% |
| 2023 | -68.4% | +57.8% |
| 2024 | -78.0% | +613.1% |
| 2025 | -42.7% | +11.5% |
| 2026 | -6.4% | +20.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCDA and KINS good diversifiers for each other?
Reasonably. At 0.39, BCDA and KINS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BCDA and KINS?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.22 over the last year and 0.26 over 5 years.
Is KINS a good diversifier for BCDA?
Reasonably. At 0.39, BCDA and KINS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/bcda-vs-kins.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bcda-vs-kins/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BCDA correlations · KINS correlations
