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BIAF vs PHI: Correlation

bioAffinity Technologies, Inc. (BIAF) and PLDT Inc. Sponsored ADR (PHI) show a negative relationship: their 3-year correlation of weekly returns is -0.20.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.20
negative
Correlation (1Y)
-0.33
last 12 months
Correlation (5Y)
-0.15
long-run
Ann. covariance
-3382.6
%² · weekly, annualized

How correlated are BIAF and PHI?

Over the past 3 years, BIAF and PHI moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus -0.20 over 3 years. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -3382.6 %².

Within BIAF's tracked universe of 24 assets, PHI comes in at #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PHI ahead by 23.8 points (-32.0% versus -8.2%). Risk is not evenly split, since BIAF carries 28.8 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.

BIAF vs PHI: side by side

BIAF (bioAffinity Technologies, Inc.)PHI (PLDT Inc. Sponsored ADR)
1-year return-32.0%-8.2%
5-year returnn/a-17.6%
Volatility (ann.)691.4%24.0%
Beta vs S&P 500-2.100.22
Max drawdown (3Y)-99.6%-33.7%
Market cap
P/E (trailing)9.4
Dividend yield0.00%494.13%
Sector / categoryUS ListedUS Listed
Higher yield: PHI 494.13% vs 0.00%Smaller drawdown: PHI -33.7% vs -99.6%
-94%0%+23%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BIAF · PHI

Year-by-year returns

YearBIAFPHI
2022-31.7%
2023-8.1%+11.9%
2024-38.1%+0.8%
2025-95.7%+1.5%
2026+328.8%-14.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BIAF and PHI good diversifiers for each other?

Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between BIAF and PHI?

As of 2026-08-27, the correlation of weekly returns between BIAF and PHI is -0.20 over 3 years, -0.33 over 1 year and -0.15 over 5 years.

Is PHI a good diversifier for BIAF?

Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.20 mean?

On the −1 to +1 scale, -0.20 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/biaf-vs-phi.json

BIAF vs PHI: 3-year weekly correlation -0.20BIAF vs PHI-0.20

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Related comparisons

Hubs: BIAF correlations · PHI correlations