BLIN vs SBC: Correlation
Measured on weekly returns over the past three years, Bridgeline Digital, Inc. (BLIN) and SBC Medical Group Holdings Incorporated (SBC) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLIN and SBC?
Across a 3-year window, the weekly returns of BLIN and SBC correlate at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.18 over 1 year against -0.23 over 3. Stretching to 5 years gives -0.21, with an annualized covariance of -1138.4 %².
Out of 10 assets tracked against BLIN, SBC lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months SBC outperformed by 25.2 percentage points (-26.9% for BLIN against -1.7% for SBC).
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 SBC: side by side
| BLIN (Bridgeline Digital, Inc.) | SBC (SBC Medical Group Holdings Incorporated) | |
|---|---|---|
| 1-year return | -26.9% | -1.7% |
| 5-year return | -81.9% | n/a |
| Volatility (ann.) | 60.1% | 81.1% |
| Beta vs S&P 500 | 0.36 | 0.56 |
| Max drawdown (3Y) | -70.2% | -82.1% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 8.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLIN | SBC |
|---|---|---|
| 2022 | -53.5% | – |
| 2023 | -17.1% | +5.6% |
| 2024 | +81.6% | -48.4% |
| 2025 | -47.5% | -22.5% |
| 2026 | +19.0% | -4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLIN and SBC good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between BLIN and SBC?
The BLIN/SBC correlation stands at -0.23 on a 3-year window (1 year: -0.18, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is SBC a good diversifier for BLIN?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 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/blin-vs-sbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/blin-vs-sbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLIN correlations · SBC correlations
