BGMS vs PEW: Correlation
Measured on weekly returns over the past three years, Bio Green Med Solution, Inc. (BGMS) and GrabAGun Digital Holdings Inc. (PEW) carry a correlation of -0.40, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGMS and PEW?
On 3 years of weekly data the BGMS/PEW correlation comes out at -0.40, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.13) runs above the 3-year figure (-0.40). The 5-year figure is n/a, and annualized covariance runs at -4297.8 %².
Among the 15 assets we track against BGMS, PEW sits near the bottom by co-movement, at rank #15. The last year tells two different stories: PEW led by 31.9 percentage points, -89.0% for BGMS against -57.1% for PEW. Risk is not evenly split, since BGMS carries 4.0 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.
BGMS vs PEW: side by side
| BGMS (Bio Green Med Solution, Inc.) | PEW (GrabAGun Digital Holdings Inc.) | |
|---|---|---|
| 1-year return | -89.0% | -57.1% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 203.4% | 51.2% |
| Beta vs S&P 500 | 0.91 | 0.44 |
| Max drawdown (3Y) | -100.0% | -86.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGMS | PEW |
|---|---|---|
| 2022 | -82.8% | – |
| 2023 | -73.4% | – |
| 2024 | -85.8% | – |
| 2025 | -96.6% | -74.4% |
| 2026 | -39.8% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGMS and PEW good diversifiers for each other?
Yes. With a correlation of -0.40, BGMS and PEW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BGMS and PEW?
Using weekly returns as of 2026-08-27: -0.40 over 3 years, with -0.13 over the last year and n/a over 5 years.
Is PEW a good diversifier for BGMS?
Yes. With a correlation of -0.40, BGMS and PEW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.40 mean?
A reading of -0.40 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/bgms-vs-pew.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bgms-vs-pew/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BGMS correlations · PEW correlations
