BIAF vs CELU: Correlation
bioAffinity Technologies, Inc. (BIAF) and Celularity Inc. (CELU) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIAF and CELU?
On 3 years of weekly data the BIAF/CELU correlation comes out at 0.55, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.90 versus 0.55 over 3 years. The 5-year figure is 0.52, and annualized covariance runs at 62379.8 %².
Among the 24 assets we track against BIAF, CELU ranks #8 by 3-year correlation. Over the last 12 months BIAF came out ahead by 12.7 percentage points (-32.0% against -44.7%). One caveat on sizing: BIAF is 4.2 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.
BIAF vs CELU: side by side
| BIAF (bioAffinity Technologies, Inc.) | CELU (Celularity Inc.) | |
|---|---|---|
| 1-year return | -32.0% | -44.7% |
| 5-year return | n/a | -97.5% |
| Volatility (ann.) | 691.4% | 165.1% |
| Beta vs S&P 500 | -2.10 | 3.11 |
| Max drawdown (3Y) | -99.6% | -91.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIAF | CELU |
|---|---|---|
| 2022 | – | -74.8% |
| 2023 | -8.1% | -80.9% |
| 2024 | -38.1% | -15.8% |
| 2025 | -95.7% | -46.6% |
| 2026 | +328.8% | +89.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIAF and CELU 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 BIAF and CELU?
The BIAF/CELU correlation stands at 0.55 on a 3-year window (1 year: 0.90, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is CELU a good diversifier for BIAF?
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/biaf-vs-celu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/biaf-vs-celu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BIAF correlations · CELU correlations
