BGLC vs SONM: Correlation
How closely do BioNexus Gene Lab Corp (BGLC) and DNA X, Inc. (SONM) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGLC and SONM?
On 3 years of weekly data the BGLC/SONM correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.10 over 1 year against -0.20 over 3. The 5-year figure is -0.10, and annualized covariance runs at -3857.1 %².
Among the 14 assets we track against BGLC, SONM sits near the bottom by co-movement, at rank #11. Neither side won the trailing year by much: -73.2% against -69.2%. Note the risk asymmetry: BGLC runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SONM: side by side
| BGLC (BioNexus Gene Lab Corp) | SONM (DNA X, Inc.) | |
|---|---|---|
| 1-year return | -73.2% | -69.2% |
| 5-year return | -99.2% | -99.6% |
| Volatility (ann.) | 177.7% | 106.4% |
| Beta vs S&P 500 | 1.05 | 0.06 |
| Max drawdown (3Y) | -93.4% | -98.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGLC | SONM |
|---|---|---|
| 2022 | -55.4% | -53.9% |
| 2023 | -95.4% | +72.9% |
| 2024 | -47.2% | -57.1% |
| 2025 | +41.1% | -94.5% |
| 2026 | -62.0% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGLC and SONM good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between BGLC and SONM?
The BGLC/SONM correlation stands at -0.20 on a 3-year window (1 year: -0.10, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is SONM a good diversifier for BGLC?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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-sonm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bglc-vs-sonm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BGLC correlations · SONM correlations
