BIVI vs TVGN: Correlation
How closely do BioVie Inc. (BIVI) and Tevogen Inc. (TVGN) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIVI and TVGN?
On 3 years of weekly data the BIVI/TVGN correlation comes out at 0.43, moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.43). The 5-year figure is 0.36, and annualized covariance runs at 14459.3 %².
Few assets follow BIVI as closely as TVGN, which ranks #2 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with BIVI ahead by 120.5 points (+35.2% versus -85.3%). Risk is not evenly split, since TVGN carries 1.7 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.
BIVI vs TVGN: side by side
| BIVI (BioVie Inc.) | TVGN (Tevogen Inc.) | |
|---|---|---|
| 1-year return | +35.2% | -85.3% |
| 5-year return | -99.7% | -98.6% |
| Volatility (ann.) | 139.8% | 242.2% |
| Beta vs S&P 500 | 1.45 | 0.66 |
| Max drawdown (3Y) | -99.8% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIVI | TVGN |
|---|---|---|
| 2022 | +72.7% | – |
| 2023 | -83.8% | +7.7% |
| 2024 | -84.1% | -90.7% |
| 2025 | -94.2% | -67.9% |
| 2026 | +88.8% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIVI and TVGN good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BIVI and TVGN?
As of 2026-08-27, the correlation of weekly returns between BIVI and TVGN is 0.43 over 3 years, 0.14 over 1 year and 0.36 over 5 years.
Is TVGN a good diversifier for BIVI?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 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/bivi-vs-tvgn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bivi-vs-tvgn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BIVI correlations · TVGN correlations
