BDMD vs MAR: Correlation
Baird Medical Investment Holdings Ltd (BDMD) and Marriott International (MAR) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDMD and MAR?
On 3 years of weekly data the BDMD/MAR correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.20 over 3. The 5-year figure is -0.14, and annualized covariance runs at -920.4 %².
Among the 15 assets we track against BDMD, MAR sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with MAR ahead by 87.2 points (-54.9% versus +32.3%). Risk is not evenly split, since BDMD carries 7.6 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.
BDMD vs MAR: side by side
| BDMD (Baird Medical Investment Holdings Ltd) | MAR (Marriott International) | |
|---|---|---|
| 1-year return | -54.9% | +32.3% |
| 5-year return | -88.5% | +173.2% |
| Volatility (ann.) | 187.8% | 24.6% |
| Beta vs S&P 500 | -0.54 | 0.97 |
| Max drawdown (3Y) | -93.6% | -30.5% |
| Market cap | – | $92.3B |
| P/E (trailing) | – | 36.7 |
| Dividend yield | 0.00% | 0.76% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BDMD | MAR |
|---|---|---|
| 2022 | +4.1% | -9.3% |
| 2023 | +4.4% | +53.1% |
| 2024 | -29.0% | +24.9% |
| 2025 | -82.1% | +12.3% |
| 2026 | -18.4% | +14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDMD and MAR 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 BDMD and MAR?
The BDMD/MAR correlation stands at -0.20 on a 3-year window (1 year: -0.23, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is MAR a good diversifier for BDMD?
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?
On the −1 to +1 scale, -0.20 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
$ curl https://www.pairbook.io/api/v1/pairs/bdmd-vs-mar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bdmd-vs-mar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BDMD correlations · MAR correlations
