BLIN vs CYRX: Correlation
Bridgeline Digital, Inc. (BLIN) and CryoPort, Inc. (CYRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLIN and CYRX?
Over the past 3 years, BLIN and CYRX moved with a correlation of 0.32, which is moderate. The relationship has been stable: the 1-year correlation (0.26) sits close to the 3-year figure. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 1191.2 %².
In BLIN's tracked universe of 10 assets, CYRX sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months CYRX outperformed by 115.8 percentage points (-26.9% for BLIN against +88.9% for CYRX).
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.
BLIN vs CYRX: side by side
| BLIN (Bridgeline Digital, Inc.) | CYRX (CryoPort, Inc.) | |
|---|---|---|
| 1-year return | -26.9% | +88.9% |
| 5-year return | -81.9% | -73.7% |
| Volatility (ann.) | 60.1% | 62.3% |
| Beta vs S&P 500 | 0.36 | 1.44 |
| Max drawdown (3Y) | -70.2% | -75.0% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLIN | CYRX |
|---|---|---|
| 2022 | -53.5% | -70.7% |
| 2023 | -17.1% | -10.7% |
| 2024 | +81.6% | -49.8% |
| 2025 | -47.5% | +23.4% |
| 2026 | +19.0% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLIN and CYRX good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BLIN and CYRX?
As of 2026-08-27, the correlation of weekly returns between BLIN and CYRX is 0.32 over 3 years, 0.26 over 1 year and 0.29 over 5 years.
Is CYRX a good diversifier for BLIN?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
A reading of 0.32 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/blin-vs-cyrx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/blin-vs-cyrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLIN correlations · CYRX correlations
