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BKYI vs KITT: Correlation

BIO-key International, Inc. (BKYI) and Nauticus Robotics, Inc. (KITT) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

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

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
5289.5
%² · weekly, annualized

How correlated are BKYI and KITT?

Over the past 3 years, BKYI and KITT moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.04 versus 0.40 over 3 years. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 5289.5 %².

KITT is one of the assets that tracks BKYI most closely: it ranks #1 out of the 10 assets we track against BKYI. Correlation aside, the last 12 months split them widely, with BKYI ahead by 40.2 points (-58.7% versus -98.9%).

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 KITT: side by side

BKYI (BIO-key International, Inc.)KITT (Nauticus Robotics, Inc.)
1-year return-58.7%-98.9%
5-year return-99.5%-100.0%
Volatility (ann.)99.3%133.4%
Beta vs S&P 5001.011.50
Max drawdown (3Y)-97.1%-100.0%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BKYI -97.1% vs -100.0%Higher 5y return: BKYI -99.5% vs -100.0%
-98%0%+28%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BKYI · KITT

Year-by-year returns

YearBKYIKITT
2022-73.3%-62.4%
2023-71.8%-81.9%
2024-43.0%-93.6%
2025-68.4%-94.5%
2026-42.6%-87.0%

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

Are BKYI and KITT good diversifiers for each other?

Reasonably. At 0.40, BKYI and KITT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BKYI and KITT?

The BKYI/KITT correlation stands at 0.40 on a 3-year window (1 year: 0.04, 5 years: 0.33), computed from weekly returns as of 2026-08-27.

Is KITT a good diversifier for BKYI?

Reasonably. At 0.40, BKYI and KITT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.40 mean?

A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
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BKYI vs KITT: 3-year weekly correlation 0.40BKYI vs KITT0.40

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Related comparisons

Hubs: BKYI correlations · KITT correlations