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BCTX vs FIX: Correlation

BriaCell Therapeutics Corp. (BCTX) and Comfort Systems USA (FIX) show a negative relationship: their 3-year correlation of weekly returns is -0.24.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.24
negative
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
-0.20
long-run
Ann. covariance
-7817.6
%² · weekly, annualized

How correlated are BCTX and FIX?

Over the past 3 years, BCTX and FIX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.24 over 3 years. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -7817.6 %².

Within BCTX's tracked universe of 31 assets, FIX comes in at #20 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FIX outperformed by 179.2 percentage points (-51.2% for BCTX against +128.0% for FIX). Risk is not evenly split, since BCTX carries 14.3 times the volatility of the other side.

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.

BCTX vs FIX: side by side

BCTX (BriaCell Therapeutics Corp.)FIX (Comfort Systems USA)
1-year return-51.2%+128.0%
5-year return-94.5%+2077.9%
Volatility (ann.)676.8%47.4%
Beta vs S&P 500-1.171.74
Max drawdown (3Y)-96.3%-46.0%
Market cap$56.8B
P/E (trailing)39.8
Dividend yield0.00%0.16%
Sector / categoryUS ListedIndustrials
Higher yield: FIX 0.16% vs 0.00%Smaller drawdown: FIX -46.0% vs -96.3%Higher 5y return: FIX +2077.9% vs -94.5%
-65%0%+183%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BCTX · FIX

Year-by-year returns

YearBCTXFIX
2022-47.2%+17.0%
2023+33.9%+79.6%
2024-90.4%+106.9%
2025+27.0%+120.9%
2026-47.8%+73.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BCTX and FIX good diversifiers for each other?

Yes. With a correlation of -0.24, BCTX and FIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between BCTX and FIX?

The BCTX/FIX correlation stands at -0.24 on a 3-year window (1 year: 0.04, 5 years: -0.20), computed from weekly returns as of 2026-08-27.

Is FIX a good diversifier for BCTX?

Yes. With a correlation of -0.24, BCTX and FIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.24 mean?

On the −1 to +1 scale, -0.24 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bctx-vs-fix.json

BCTX vs FIX: 3-year weekly correlation -0.24BCTX vs FIX-0.24

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Related comparisons

Hubs: BCTX correlations · FIX correlations