BIAF vs WEN: Correlation
bioAffinity Technologies, Inc. (BIAF) and Wendy's Company (The) (WEN) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIAF and WEN?
Over the past 3 years, BIAF and WEN moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. Over 5 years the correlation is -0.26, and the annualized covariance of weekly returns is -6023.9 %².
By 3-year correlation, WEN places #19 of the 24 assets tracked against BIAF. On 12-month performance WEN holds a 11.9-point edge, -32.0% against -20.1%. One caveat on sizing: BIAF is 22.0 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 WEN: side by side
| BIAF (bioAffinity Technologies, Inc.) | WEN (Wendy's Company (The)) | |
|---|---|---|
| 1-year return | -32.0% | -20.1% |
| 5-year return | n/a | -56.6% |
| Volatility (ann.) | 691.4% | 31.4% |
| Beta vs S&P 500 | -2.10 | 0.40 |
| Max drawdown (3Y) | -99.6% | -66.3% |
| Market cap | – | $1.5B |
| P/E (trailing) | – | 11.8 |
| Dividend yield | 0.00% | 6.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIAF | WEN |
|---|---|---|
| 2022 | – | -2.8% |
| 2023 | -8.1% | -9.7% |
| 2024 | -38.1% | -11.4% |
| 2025 | -95.7% | -45.8% |
| 2026 | +328.8% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIAF and WEN good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between BIAF and WEN?
As of 2026-08-27, the correlation of weekly returns between BIAF and WEN is -0.28 over 3 years, -0.32 over 1 year and -0.26 over 5 years.
Is WEN a good diversifier for BIAF?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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
$ curl https://www.pairbook.io/api/v1/pairs/biaf-vs-wen.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/biaf-vs-wen/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BIAF correlations · WEN correlations
