BGSF vs TRON: Correlation
Measured on weekly returns over the past three years, BGSF, Inc. (BGSF) and Tron Inc. (TRON) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGSF and TRON?
On 3 years of weekly data the BGSF/TRON correlation comes out at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.08 versus 0.43 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 9645.2 %².
TRON is one of the assets that tracks BGSF most closely: it ranks #1 out of the 12 assets we track against BGSF. The last year tells two different stories: BGSF led by 76.6 percentage points, +19.8% for BGSF against -56.8% for TRON. One caveat on sizing: TRON is 7.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BGSF vs TRON: side by side
| BGSF (BGSF, Inc.) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | +19.8% | -56.8% |
| 5-year return | -36.0% | n/a |
| Volatility (ann.) | 54.3% | 408.5% |
| Beta vs S&P 500 | 0.47 | 0.10 |
| Max drawdown (3Y) | -71.9% | -91.5% |
| Market cap | $0.1B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGSF | TRON |
|---|---|---|
| 2022 | +11.7% | – |
| 2023 | -35.1% | – |
| 2024 | -43.4% | -59.4% |
| 2025 | +23.0% | +97.1% |
| 2026 | +15.8% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGSF and TRON good diversifiers for each other?
Reasonably. At 0.43, BGSF and TRON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BGSF and TRON?
As of 2026-08-27, the correlation of weekly returns between BGSF and TRON is 0.43 over 3 years, -0.08 over 1 year and n/a over 5 years.
Is TRON a good diversifier for BGSF?
Reasonably. At 0.43, BGSF and TRON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/bgsf-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bgsf-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BGSF correlations · TRON correlations
