BCTX vs HAO: Correlation
Measured on weekly returns over the past three years, BriaCell Therapeutics Corp. (BCTX) and Haoxi Health Technology Limited - Class A Ord Share (HAO) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCTX and HAO?
Over the past 3 years, BCTX and HAO moved with a correlation of 0.57, which is moderate. The past 12 months show a weaker link (-0.07) than the 3-year average (0.57). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 947357.6 %².
Within BCTX's tracked universe of 31 assets, HAO comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BCTX ahead by 46.7 points (-51.2% versus -97.9%). Note the risk asymmetry: HAO runs 3.4 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.
BCTX vs HAO: side by side
| BCTX (BriaCell Therapeutics Corp.) | HAO (Haoxi Health Technology Limited - Class A Ord Share) | |
|---|---|---|
| 1-year return | -51.2% | -97.9% |
| 5-year return | -94.5% | n/a |
| Volatility (ann.) | 676.8% | 2273.9% |
| Beta vs S&P 500 | -1.17 | -2.44 |
| Max drawdown (3Y) | -96.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCTX | HAO |
|---|---|---|
| 2022 | -47.2% | – |
| 2023 | +33.9% | – |
| 2024 | -90.4% | – |
| 2025 | +27.0% | +613.3% |
| 2026 | -47.8% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCTX and HAO good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BCTX and HAO?
As of 2026-08-27, the correlation of weekly returns between BCTX and HAO is 0.57 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is HAO a good diversifier for BCTX?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
A reading of 0.57 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/bctx-vs-hao.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bctx-vs-hao/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCTX correlations · HAO correlations
