BCG vs SNDA: Correlation
Measured on weekly returns over the past three years, Binah Capital Group, Inc. (BCG) and Sonida Senior Living, Inc. (SNDA) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCG and SNDA?
Over the past 3 years, BCG and SNDA moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.07 versus -0.23 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1007.1 %².
Within BCG's tracked universe of 16 assets, SNDA comes in at #11 by 3-year correlation. The last year tells two different stories: SNDA led by 75.0 percentage points, -26.0% for BCG against +49.0% for SNDA. Note the risk asymmetry: BCG runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BCG vs SNDA: side by side
| BCG (Binah Capital Group, Inc.) | SNDA (Sonida Senior Living, Inc.) | |
|---|---|---|
| 1-year return | -26.0% | +49.0% |
| 5-year return | n/a | +6.6% |
| Volatility (ann.) | 116.2% | 61.1% |
| Beta vs S&P 500 | 0.48 | 0.66 |
| Max drawdown (3Y) | -89.9% | -41.0% |
| Market cap | – | $1.9B |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCG | SNDA |
|---|---|---|
| 2022 | – | -56.1% |
| 2023 | – | -22.7% |
| 2024 | – | +138.9% |
| 2025 | -2.0% | +41.3% |
| 2026 | -49.7% | +19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCG and SNDA good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCG and SNDA?
As of 2026-08-27, the correlation of weekly returns between BCG and SNDA is -0.23 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is SNDA a good diversifier for BCG?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 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/bcg-vs-snda.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bcg-vs-snda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCG correlations · SNDA correlations
