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BJDX vs TSN: Correlation

How closely do Bluejay Diagnostics, Inc. (BJDX) and Tyson Foods (TSN) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.

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

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.24
last 12 months
Correlation (5Y)
-0.11
long-run
Ann. covariance
-746.1
%² · weekly, annualized

How correlated are BJDX and TSN?

Across a 3-year window, the weekly returns of BJDX and TSN correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. Stretching to 5 years gives -0.11, with an annualized covariance of -746.1 %².

Within BJDX's tracked universe of 19 assets, TSN comes in at #12 by 3-year correlation. The last year tells two different stories: TSN led by 83.1 percentage points, -83.4% for BJDX against -0.3% for TSN. One caveat on sizing: BJDX is 6.7 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.

BJDX vs TSN: side by side

BJDX (Bluejay Diagnostics, Inc.)TSN (Tyson Foods)
1-year return-83.4%-0.3%
5-year return-100.0%-17.3%
Volatility (ann.)151.7%22.8%
Beta vs S&P 500-0.300.19
Max drawdown (3Y)-100.0%-20.3%
Market cap$19.5B
P/E (trailing)35.0
Dividend yield0.00%0.88%
Sector / categoryUS ListedConsumer Staples
Higher yield: TSN 0.88% vs 0.00%Smaller drawdown: TSN -20.3% vs -100.0%Higher 5y return: TSN -17.3% vs -100.0%
-85%0%+120%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BJDX · TSN

Year-by-year returns

YearBJDXTSN
2022-85.2%-26.9%
2023-83.9%-10.4%
2024-99.0%+10.5%
2025-86.3%+5.7%
2026-65.9%-4.0%

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

Are BJDX and TSN good diversifiers for each other?

Yes. With a correlation of -0.22, BJDX and TSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between BJDX and TSN?

As of 2026-08-27, the correlation of weekly returns between BJDX and TSN is -0.22 over 3 years, -0.24 over 1 year and -0.11 over 5 years.

Is TSN a good diversifier for BJDX?

Yes. With a correlation of -0.22, BJDX and TSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.22 mean?

On the −1 to +1 scale, -0.22 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

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BJDX vs TSN: 3-year weekly correlation -0.22BJDX vs TSN-0.22

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Related comparisons

Hubs: BJDX correlations · TSN correlations