BL vs YELP: Correlation
Measured on weekly returns over the past three years, BlackLine, Inc. (BL) and Yelp Inc. (YELP) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BL and YELP?
On 3 years of weekly data the BL/YELP correlation comes out at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 710.8 %².
Among the 15 assets we track against BL, YELP ranks #5 by 3-year correlation. Over the last 12 months YELP came out ahead by 9.7 percentage points (-38.3% against -28.6%).
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.
BL vs YELP: side by side
| BL (BlackLine, Inc.) | YELP (Yelp Inc.) | |
|---|---|---|
| 1-year return | -38.3% | -28.6% |
| 5-year return | -69.6% | -41.2% |
| Volatility (ann.) | 40.7% | 32.4% |
| Beta vs S&P 500 | 0.83 | 0.57 |
| Max drawdown (3Y) | -63.2% | -59.2% |
| Market cap | $2.0B | $1.2B |
| P/E (trailing) | 60.2 | 10.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BL | YELP |
|---|---|---|
| 2022 | -35.0% | -24.6% |
| 2023 | -7.2% | +73.2% |
| 2024 | -2.7% | -18.3% |
| 2025 | -9.0% | -21.5% |
| 2026 | -39.0% | -25.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BL and YELP good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BL and YELP?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.55 over the last year and 0.44 over 5 years.
Is YELP a good diversifier for BL?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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
$ curl https://www.pairbook.io/api/v1/pairs/bl-vs-yelp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bl-vs-yelp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BL correlations · YELP correlations
