BIOX vs VIVS: Correlation
Bioceres Crop Solutions Corp. (BIOX) and VivoSim Labs, Inc. (VIVS) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIOX and VIVS?
Over the past 3 years, BIOX and VIVS moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.23 over 3. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -1674.5 %².
Among the 10 assets we track against BIOX, VIVS sits near the bottom by co-movement, at rank #9. Their 12-month results are close: -85.0% for BIOX against -84.1% for VIVS. Note the risk asymmetry: VIVS runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BIOX vs VIVS: side by side
| BIOX (Bioceres Crop Solutions Corp.) | VIVS (VivoSim Labs, Inc.) | |
|---|---|---|
| 1-year return | -85.0% | -84.1% |
| 5-year return | -97.0% | -99.7% |
| Volatility (ann.) | 67.6% | 109.4% |
| Beta vs S&P 500 | 0.97 | 1.58 |
| Max drawdown (3Y) | -97.7% | -98.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIOX | VIVS |
|---|---|---|
| 2022 | -14.9% | -61.2% |
| 2023 | +14.1% | -21.3% |
| 2024 | -55.7% | -58.6% |
| 2025 | -78.5% | -67.2% |
| 2026 | -69.2% | -83.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIOX and VIVS good diversifiers for each other?
Yes. With a correlation of -0.23, BIOX and VIVS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BIOX and VIVS?
The BIOX/VIVS correlation stands at -0.23 on a 3-year window (1 year: -0.29, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is VIVS a good diversifier for BIOX?
Yes. With a correlation of -0.23, BIOX and VIVS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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/biox-vs-vivs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/biox-vs-vivs/)
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Related comparisons
Hubs: BIOX correlations · VIVS correlations
