BGDE vs CUE: Correlation
How closely do Big Digital Energy, Inc. (BGDE) and Cue Biopharma, Inc. (CUE) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGDE and CUE?
Over the past 3 years, BGDE and CUE moved with a correlation of 0.38, which is moderate. The past 12 months show a tighter link (0.54) than the 3-year average (0.38). Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 10630.4 %².
Within BGDE's tracked universe of 11 assets, CUE comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CUE outperformed by 26.9 percentage points (-13.3% for BGDE against +13.6% for CUE).
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.
BGDE vs CUE: side by side
| BGDE (Big Digital Energy, Inc.) | CUE (Cue Biopharma, Inc.) | |
|---|---|---|
| 1-year return | -13.3% | +13.6% |
| 5-year return | -99.6% | -92.2% |
| Volatility (ann.) | 181.6% | 155.6% |
| Beta vs S&P 500 | 4.23 | 2.74 |
| Max drawdown (3Y) | -98.0% | -94.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGDE | CUE |
|---|---|---|
| 2022 | -96.5% | -74.8% |
| 2023 | +131.9% | -7.4% |
| 2024 | -74.1% | -58.7% |
| 2025 | -74.6% | -72.0% |
| 2026 | +72.9% | +207.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGDE and CUE good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BGDE and CUE?
As of 2026-08-27, the correlation of weekly returns between BGDE and CUE is 0.38 over 3 years, 0.54 over 1 year and 0.35 over 5 years.
Is CUE a good diversifier for BGDE?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
A reading of 0.38 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/bgde-vs-cue.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bgde-vs-cue/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BGDE correlations · CUE correlations
