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BJDX vs VLGEA: Correlation

Bluejay Diagnostics, Inc. (BJDX) and Village Super Market, Inc. (VLGEA) show a negative relationship: their 3-year correlation of weekly returns is -0.27.

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

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.60
last 12 months
Correlation (5Y)
-0.23
long-run
Ann. covariance
-1136.7
%² · weekly, annualized

How correlated are BJDX and VLGEA?

Across a 3-year window, the weekly returns of BJDX and VLGEA correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.60 versus -0.27 over 3 years. Stretching to 5 years gives -0.23, with an annualized covariance of -1136.7 %².

Among the 19 assets we track against BJDX, VLGEA sits near the bottom by co-movement, at rank #16. The last year tells two different stories: VLGEA led by 106.5 percentage points, -83.4% for BJDX against +23.1% for VLGEA. Note the risk asymmetry: BJDX runs 5.4 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.

BJDX vs VLGEA: side by side

BJDX (Bluejay Diagnostics, Inc.)VLGEA (Village Super Market, Inc.)
1-year return-83.4%+23.1%
5-year return-100.0%+137.7%
Volatility (ann.)151.7%27.9%
Beta vs S&P 500-0.300.32
Max drawdown (3Y)-100.0%-21.1%
Market cap$0.6B
P/E (trailing)11.9
Dividend yield0.00%2.29%
Sector / categoryUS ListedUS Listed
Higher yield: VLGEA 2.29% vs 0.00%Smaller drawdown: VLGEA -21.1% vs -100.0%Higher 5y return: VLGEA +137.7% vs -100.0%
-85%0%+120%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BJDX · VLGEA

Year-by-year returns

YearBJDXVLGEA
2022-85.2%+4.1%
2023-83.9%+17.7%
2024-99.0%+26.0%
2025-86.3%+14.9%
2026-65.9%+24.4%

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

Are BJDX and VLGEA good diversifiers for each other?

Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between BJDX and VLGEA?

As of 2026-08-27, the correlation of weekly returns between BJDX and VLGEA is -0.27 over 3 years, -0.60 over 1 year and -0.23 over 5 years.

Is VLGEA a good diversifier for BJDX?

Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.27 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.

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BJDX vs VLGEA: 3-year weekly correlation -0.27BJDX vs VLGEA-0.27

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Related comparisons

Hubs: BJDX correlations · VLGEA correlations