BJ vs DVLT: Correlation
BJ's Wholesale Club Holdings, Inc. (BJ) and Datavault AI Inc. (DVLT) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJ and DVLT?
On 3 years of weekly data the BJ/DVLT correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.22 over 3. The 5-year figure is -0.14, and annualized covariance runs at -976.1 %².
By 3-year correlation, DVLT places #25 of the 43 assets tracked against BJ. Their recent paths diverged sharply: over the last 12 months BJ outperformed by 22.3 percentage points (-6.9% for BJ against -29.2% for DVLT). Note the risk asymmetry: DVLT runs 6.4 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.
BJ vs DVLT: side by side
| BJ (BJ's Wholesale Club Holdings, Inc.) | DVLT (Datavault AI Inc.) | |
|---|---|---|
| 1-year return | -6.9% | -29.2% |
| 5-year return | +59.5% | -100.0% |
| Volatility (ann.) | 26.4% | 168.6% |
| Beta vs S&P 500 | -0.14 | 0.14 |
| Max drawdown (3Y) | -30.1% | -99.8% |
| Market cap | $11.4B | $0.3B |
| P/E (trailing) | 20.4 | 9.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BJ | DVLT |
|---|---|---|
| 2022 | -1.2% | -92.1% |
| 2023 | +0.8% | -98.9% |
| 2024 | +34.0% | -88.6% |
| 2025 | +0.8% | -68.3% |
| 2026 | +0.5% | -54.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJ and DVLT good diversifiers for each other?
Yes. With a correlation of -0.22, BJ and DVLT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BJ and DVLT?
The BJ/DVLT correlation stands at -0.22 on a 3-year window (1 year: -0.16, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is DVLT a good diversifier for BJ?
Yes. With a correlation of -0.22, BJ and DVLT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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
$ curl https://www.pairbook.io/api/v1/pairs/bj-vs-dvlt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bj-vs-dvlt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BJ correlations · DVLT correlations
