BGLC vs GXAI: Correlation
Measured on weekly returns over the past three years, BioNexus Gene Lab Corp (BGLC) and Gaxos.ai Inc. (GXAI) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGLC and GXAI?
On 3 years of weekly data the BGLC/GXAI correlation comes out at 0.44, moderate. The link has loosened recently: the 1-year correlation (0.11) runs below the 3-year figure (0.44). The 5-year figure is n/a, and annualized covariance runs at 14878.0 %².
Within BGLC's tracked universe of 14 assets, GXAI comes in at #4 by 3-year correlation. The trailing year gives GXAI the advantage: -73.2% versus -59.6%, a 13.6-point spread.
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 GXAI: side by side
| BGLC (BioNexus Gene Lab Corp) | GXAI (Gaxos.ai Inc.) | |
|---|---|---|
| 1-year return | -73.2% | -59.6% |
| 5-year return | -99.2% | n/a |
| Volatility (ann.) | 177.7% | 191.3% |
| Beta vs S&P 500 | 1.05 | 0.51 |
| Max drawdown (3Y) | -93.4% | -93.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGLC | GXAI |
|---|---|---|
| 2022 | -55.4% | – |
| 2023 | -95.4% | – |
| 2024 | -47.2% | -37.0% |
| 2025 | +41.1% | -58.4% |
| 2026 | -62.0% | -24.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGLC and GXAI good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BGLC and GXAI?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.11 over the last year and n/a over 5 years.
Is GXAI a good diversifier for BGLC?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/bglc-vs-gxai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bglc-vs-gxai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BGLC correlations · GXAI correlations
