BIAF vs DKS: Correlation
bioAffinity Technologies, Inc. (BIAF) and Dick's Sporting Goods Inc (DKS) show a negative relationship: their 3-year correlation of weekly returns is -0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIAF and DKS?
Over the past 3 years, BIAF and DKS moved with a correlation of -0.40, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.65) runs below the 3-year figure (-0.40). Over 5 years the correlation is -0.34, and the annualized covariance of weekly returns is -11563.3 %².
DKS is close to the least connected end of BIAF's tracked universe, ranking #23 of 24. On 12-month performance BIAF holds a 8.3-point edge, -32.0% against -40.3%. One caveat on sizing: BIAF is 16.5 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.
BIAF vs DKS: side by side
| BIAF (bioAffinity Technologies, Inc.) | DKS (Dick's Sporting Goods Inc) | |
|---|---|---|
| 1-year return | -32.0% | -40.3% |
| 5-year return | n/a | +8.3% |
| Volatility (ann.) | 691.4% | 41.9% |
| Beta vs S&P 500 | -2.10 | 1.33 |
| Max drawdown (3Y) | -99.6% | -48.5% |
| Market cap | – | $11.8B |
| P/E (trailing) | – | 14.5 |
| Dividend yield | 0.00% | 3.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIAF | DKS |
|---|---|---|
| 2022 | – | +6.6% |
| 2023 | -8.1% | +25.9% |
| 2024 | -38.1% | +58.9% |
| 2025 | -95.7% | -11.5% |
| 2026 | +328.8% | -32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIAF and DKS good diversifiers for each other?
Yes: at -0.40, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BIAF and DKS?
Using weekly returns as of 2026-08-27: -0.40 over 3 years, with -0.65 over the last year and -0.34 over 5 years.
Is DKS a good diversifier for BIAF?
Yes: at -0.40, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.40 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/biaf-vs-dks.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/biaf-vs-dks/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BIAF correlations · DKS correlations
