BKTI vs FOSL: Correlation
How closely do BK Technologies Corporation (BKTI) and Fossil Group, Inc. (FOSL) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKTI and FOSL?
Over the past 3 years, BKTI and FOSL moved with a correlation of 0.40, which is moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.40). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 2271.4 %².
Within BKTI's tracked universe of 15 assets, FOSL comes in at #5 by 3-year correlation. The last year tells two different stories: FOSL led by 69.2 percentage points, +6.6% for BKTI against +75.8% for FOSL.
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.
BKTI vs FOSL: side by side
| BKTI (BK Technologies Corporation) | FOSL (Fossil Group, Inc.) | |
|---|---|---|
| 1-year return | +6.6% | +75.8% |
| 5-year return | +394.9% | -60.8% |
| Volatility (ann.) | 62.4% | 92.1% |
| Beta vs S&P 500 | 0.84 | 1.49 |
| Max drawdown (3Y) | -32.8% | -65.5% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | 22.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKTI | FOSL |
|---|---|---|
| 2022 | +44.6% | -58.1% |
| 2023 | -26.3% | -66.1% |
| 2024 | +180.4% | +14.4% |
| 2025 | +117.5% | +125.1% |
| 2026 | +0.7% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKTI and FOSL good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BKTI and FOSL?
As of 2026-08-27, the correlation of weekly returns between BKTI and FOSL is 0.40 over 3 years, 0.25 over 1 year and 0.32 over 5 years.
Is FOSL a good diversifier for BKTI?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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
$ curl https://www.pairbook.io/api/v1/pairs/bkti-vs-fosl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkti-vs-fosl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BKTI correlations · FOSL correlations
