BIAF vs SLQT: Correlation
bioAffinity Technologies, Inc. (BIAF) and SelectQuote, Inc. (SLQT) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIAF and SLQT?
Across a 3-year window, the weekly returns of BIAF and SLQT correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.43) runs below the 3-year figure (-0.24). Stretching to 5 years gives -0.15, with an annualized covariance of -14228.0 %².
By 3-year correlation, SLQT places #18 of the 24 assets tracked against BIAF. Their recent paths diverged sharply: over the last 12 months BIAF outperformed by 45.6 percentage points (-32.0% for BIAF against -77.6% for SLQT). Risk is not evenly split, since BIAF carries 8.0 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.
BIAF vs SLQT: side by side
| BIAF (bioAffinity Technologies, Inc.) | SLQT (SelectQuote, Inc.) | |
|---|---|---|
| 1-year return | -32.0% | -77.6% |
| 5-year return | n/a | -93.9% |
| Volatility (ann.) | 691.4% | 86.4% |
| Beta vs S&P 500 | -2.10 | 1.55 |
| Max drawdown (3Y) | -99.6% | -91.1% |
| 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 | SLQT |
|---|---|---|
| 2022 | – | -92.6% |
| 2023 | -8.1% | +103.9% |
| 2024 | -38.1% | +171.5% |
| 2025 | -95.7% | -62.1% |
| 2026 | +328.8% | -61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIAF and SLQT good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BIAF and SLQT?
As of 2026-08-27, the correlation of weekly returns between BIAF and SLQT is -0.24 over 3 years, -0.43 over 1 year and -0.15 over 5 years.
Is SLQT a good diversifier for BIAF?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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-slqt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/biaf-vs-slqt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BIAF correlations · SLQT correlations
