BGLC vs FER: Correlation
BioNexus Gene Lab Corp (BGLC) and Ferrovial N.V. (FER) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGLC and FER?
Over the past 3 years, BGLC and FER moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.21). Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -1048.7 %².
Out of 14 assets tracked against BGLC, FER lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months FER outperformed by 83.1 percentage points (-73.2% for BGLC against +9.9% for FER). Risk is not evenly split, since BGLC carries 6.2 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.
BGLC vs FER: side by side
| BGLC (BioNexus Gene Lab Corp) | FER (Ferrovial N.V.) | |
|---|---|---|
| 1-year return | -73.2% | +9.9% |
| 5-year return | -99.2% | +129.1% |
| Volatility (ann.) | 177.7% | 28.5% |
| Beta vs S&P 500 | 1.05 | 0.65 |
| Max drawdown (3Y) | -93.4% | -20.2% |
| Market cap | – | $42.4B |
| P/E (trailing) | – | 61.9 |
| Dividend yield | 0.00% | 0.93% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGLC | FER |
|---|---|---|
| 2022 | -55.4% | -5.6% |
| 2023 | -95.4% | +44.1% |
| 2024 | -47.2% | +21.3% |
| 2025 | +41.1% | +56.4% |
| 2026 | -62.0% | -8.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGLC and FER good diversifiers for each other?
Yes. With a correlation of -0.21, BGLC and FER have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BGLC and FER?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with 0.10 over the last year and -0.15 over 5 years.
Is FER a good diversifier for BGLC?
Yes. With a correlation of -0.21, BGLC and FER have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/bglc-vs-fer.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bglc-vs-fer/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BGLC correlations · FER correlations
