BKYI vs GLUE: Correlation
How closely do BIO-key International, Inc. (BKYI) and Monte Rosa Therapeutics, Inc. (GLUE) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKYI and GLUE?
Across a 3-year window, the weekly returns of BKYI and GLUE correlate at 0.38, moderate. The past 12 months show a weaker link (0.03) than the 3-year average (0.38). Stretching to 5 years gives 0.32, with an annualized covariance of 3981.4 %².
Within BKYI's tracked universe of 10 assets, GLUE comes in at #5 by 3-year correlation. The last year tells two different stories: GLUE led by 265.3 percentage points, -58.7% for BKYI against +206.6% for GLUE.
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.
BKYI vs GLUE: side by side
| BKYI (BIO-key International, Inc.) | GLUE (Monte Rosa Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -58.7% | +206.6% |
| 5-year return | -99.5% | -61.7% |
| Volatility (ann.) | 99.3% | 104.5% |
| Beta vs S&P 500 | 1.01 | 1.91 |
| Max drawdown (3Y) | -97.1% | -64.3% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKYI | GLUE |
|---|---|---|
| 2022 | -73.3% | -62.7% |
| 2023 | -71.8% | -25.8% |
| 2024 | -43.0% | +22.8% |
| 2025 | -68.4% | +125.9% |
| 2026 | -42.6% | -8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKYI and GLUE good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BKYI and GLUE?
The BKYI/GLUE correlation stands at 0.38 on a 3-year window (1 year: 0.03, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is GLUE a good diversifier for BKYI?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/bkyi-vs-glue.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bkyi-vs-glue/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BKYI correlations · GLUE correlations
