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BIAF vs TEAD: Correlation

How closely do bioAffinity Technologies, Inc. (BIAF) and Te (TEAD) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.

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

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.30
last 12 months
Correlation (5Y)
-0.20
long-run
Ann. covariance
-11583.3
%² · weekly, annualized

How correlated are BIAF and TEAD?

Over the past 3 years, BIAF and TEAD moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -11583.3 %².

Within BIAF's tracked universe of 24 assets, TEAD comes in at #16 by 3-year correlation. The last year tells two different stories: BIAF led by 41.6 percentage points, -32.0% for BIAF against -73.6% for TEAD. Risk is not evenly split, since BIAF carries 9.7 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 TEAD: side by side

BIAF (bioAffinity Technologies, Inc.)TEAD (Te)
1-year return-32.0%-73.6%
5-year returnn/a-97.2%
Volatility (ann.)691.4%71.3%
Beta vs S&P 500-2.101.33
Max drawdown (3Y)-99.6%-93.8%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TEAD -93.8% vs -99.6%
-94%0%+13%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BIAF · TEAD

Year-by-year returns

YearBIAFTEAD
2022-74.1%
2023-8.1%+21.0%
2024-38.1%+63.9%
2025-95.7%-90.2%
2026+328.8%-33.0%

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

Are BIAF and TEAD good diversifiers for each other?

By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.

FAQ

What is the correlation between BIAF and TEAD?

Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.30 over the last year and -0.20 over 5 years.

Is TEAD a good diversifier for BIAF?

By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.

What does a correlation of -0.23 mean?

A reading of -0.23 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

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

BIAF vs TEAD: 3-year weekly correlation -0.23BIAF vs TEAD-0.23

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Related comparisons

Hubs: BIAF correlations · TEAD correlations