BKTI vs IMXI: Correlation
Measured on weekly returns over the past three years, BK Technologies Corporation (BKTI) and International Money Express, Inc. (IMXI) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKTI and IMXI?
On 3 years of weekly data the BKTI/IMXI correlation comes out at 0.43, moderate. The past 12 months show a weaker link (-0.08) than the 3-year average (0.43). The 5-year figure is 0.34, and annualized covariance runs at 1297.2 %².
By 3-year correlation, IMXI places #4 of the 15 assets tracked against BKTI. The trailing year gives BKTI the advantage: +6.6% versus +0.5%, a 6.1-point spread.
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 IMXI: side by side
| BKTI (BK Technologies Corporation) | IMXI (International Money Express, Inc.) | |
|---|---|---|
| 1-year return | +6.6% | +0.5% |
| 5-year return | +394.9% | -19.7% |
| Volatility (ann.) | 62.4% | 47.9% |
| Beta vs S&P 500 | 0.84 | 0.78 |
| Max drawdown (3Y) | -32.8% | -61.8% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 22.1 | 23.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKTI | IMXI |
|---|---|---|
| 2022 | +44.6% | +52.7% |
| 2023 | -26.3% | -9.4% |
| 2024 | +180.4% | -5.7% |
| 2025 | +117.5% | -26.3% |
| 2026 | +0.7% | -5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKTI and IMXI good diversifiers for each other?
Reasonably. At 0.43, BKTI and IMXI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BKTI and IMXI?
The BKTI/IMXI correlation stands at 0.43 on a 3-year window (1 year: -0.08, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is IMXI a good diversifier for BKTI?
Reasonably. At 0.43, BKTI and IMXI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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/bkti-vs-imxi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bkti-vs-imxi/)
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Related comparisons
Hubs: BKTI correlations · IMXI correlations
