BGLC vs MNY: Correlation
How closely do BioNexus Gene Lab Corp (BGLC) and MoneyHero Limited - Class A (MNY) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGLC and MNY?
Across a 3-year window, the weekly returns of BGLC and MNY correlate at 0.55, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.55). Stretching to 5 years gives 0.38, with an annualized covariance of 15373.8 %².
Few assets follow BGLC as closely as MNY, which ranks #1 of 14 tracked partners. The last year tells two different stories: MNY led by 18.2 percentage points, -73.2% for BGLC against -55.0% for MNY.
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 MNY: side by side
| BGLC (BioNexus Gene Lab Corp) | MNY (MoneyHero Limited - Class A) | |
|---|---|---|
| 1-year return | -73.2% | -55.0% |
| 5-year return | -99.2% | -91.3% |
| Volatility (ann.) | 177.7% | 157.6% |
| Beta vs S&P 500 | 1.05 | 1.67 |
| Max drawdown (3Y) | -93.4% | -94.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGLC | MNY |
|---|---|---|
| 2022 | -55.4% | +0.9% |
| 2023 | -95.4% | -82.6% |
| 2024 | -47.2% | -34.9% |
| 2025 | +41.1% | +12.5% |
| 2026 | -62.0% | -32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGLC and MNY good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BGLC and MNY?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.13 over the last year and 0.38 over 5 years.
Is MNY a good diversifier for BGLC?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
A reading of 0.55 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-mny.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bglc-vs-mny/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BGLC correlations · MNY correlations
