BCTX vs TT: Correlation
Measured on weekly returns over the past three years, BriaCell Therapeutics Corp. (BCTX) and Trane Technologies (TT) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCTX and TT?
Across a 3-year window, the weekly returns of BCTX and TT correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.02) runs above the 3-year figure (-0.20). Stretching to 5 years gives -0.14, with an annualized covariance of -3708.1 %².
By 3-year correlation, TT places #14 of the 31 assets tracked against BCTX. Correlation aside, the last 12 months split them widely, with TT ahead by 59.0 points (-51.2% versus +7.8%). Note the risk asymmetry: BCTX runs 24.3 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 TT: side by side
| BCTX (BriaCell Therapeutics Corp.) | TT (Trane Technologies) | |
|---|---|---|
| 1-year return | -51.2% | +7.8% |
| 5-year return | -94.5% | +141.4% |
| Volatility (ann.) | 676.8% | 27.8% |
| Beta vs S&P 500 | -1.17 | 1.19 |
| Max drawdown (3Y) | -96.3% | -24.4% |
| Market cap | – | $100.0B |
| P/E (trailing) | – | 33.8 |
| Dividend yield | 0.00% | 0.86% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BCTX | TT |
|---|---|---|
| 2022 | -47.2% | -15.3% |
| 2023 | +33.9% | +47.4% |
| 2024 | -90.4% | +53.0% |
| 2025 | +27.0% | +6.1% |
| 2026 | -47.8% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCTX and TT good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCTX and TT?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.02 over the last year and -0.14 over 5 years.
Is TT a good diversifier for BCTX?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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/bctx-vs-tt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bctx-vs-tt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCTX correlations · TT correlations
