BGMS vs LITS: Correlation
Bio Green Med Solution, Inc. (BGMS) and Lite Strategy, Inc. (LITS) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGMS and LITS?
On 3 years of weekly data the BGMS/LITS correlation comes out at 0.57, moderate. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.57). The 5-year figure is 0.48, and annualized covariance runs at 10897.7 %².
LITS is one of the assets that tracks BGMS most closely: it ranks #1 out of the 15 assets we track against BGMS. Over the last 12 months LITS came out ahead by 8.4 percentage points (-89.0% against -80.6%). Note the risk asymmetry: BGMS runs 2.2 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.
BGMS vs LITS: side by side
| BGMS (Bio Green Med Solution, Inc.) | LITS (Lite Strategy, Inc.) | |
|---|---|---|
| 1-year return | -89.0% | -80.6% |
| 5-year return | -100.0% | -97.7% |
| Volatility (ann.) | 203.4% | 93.2% |
| Beta vs S&P 500 | 0.91 | 0.44 |
| Max drawdown (3Y) | -100.0% | -89.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGMS | LITS |
|---|---|---|
| 2022 | -82.8% | -91.0% |
| 2023 | -73.4% | +55.6% |
| 2024 | -85.8% | -57.6% |
| 2025 | -96.6% | -46.3% |
| 2026 | -39.8% | -24.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGMS and LITS good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BGMS and LITS?
The BGMS/LITS correlation stands at 0.57 on a 3-year window (1 year: -0.01, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is LITS a good diversifier for BGMS?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/bgms-vs-lits.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bgms-vs-lits/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BGMS correlations · LITS correlations
