BKR vs WNW: Correlation
How closely do Baker Hughes (BKR) and Meiwu Technology Company Limited (WNW) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKR and WNW?
On 3 years of weekly data the BKR/WNW correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.18). The 5-year figure is -0.11, and annualized covariance runs at -967.9 %².
By 3-year correlation, WNW places #23 of the 30 assets tracked against BKR. Their recent paths diverged sharply: over the last 12 months BKR outperformed by 139.0 percentage points (+40.9% for BKR against -98.1% for WNW). One caveat on sizing: WNW is 5.2 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.
BKR vs WNW: side by side
| BKR (Baker Hughes) | WNW (Meiwu Technology Company Limited) | |
|---|---|---|
| 1-year return | +40.9% | -98.1% |
| 5-year return | +205.5% | -100.0% |
| Volatility (ann.) | 32.2% | 167.8% |
| Beta vs S&P 500 | 0.61 | 1.36 |
| Max drawdown (3Y) | -28.0% | -100.0% |
| Market cap | $61.7B | $0.1B |
| P/E (trailing) | 19.9 | – |
| Dividend yield | 1.48% | 0.00% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | BKR | WNW |
|---|---|---|
| 2022 | +26.0% | -91.9% |
| 2023 | +18.6% | -49.4% |
| 2024 | +23.1% | -38.5% |
| 2025 | +13.4% | -96.7% |
| 2026 | +37.9% | -97.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKR and WNW good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between BKR and WNW?
As of 2026-08-27, the correlation of weekly returns between BKR and WNW is -0.18 over 3 years, -0.36 over 1 year and -0.11 over 5 years.
Is WNW a good diversifier for BKR?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 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/bkr-vs-wnw.json
Markdown for the live badge, attribution link included:
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BKR correlations · WNW correlations
