BLMN vs MED: Correlation
Measured on weekly returns over the past three years, Bloomin' Brands, Inc. (BLMN) and MEDIFAST INC (MED) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLMN and MED?
Over the past 3 years, BLMN and MED moved with a correlation of 0.50, which is moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.50). Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 1471.2 %².
Among the 20 assets we track against BLMN, MED ranks #6 by 3-year correlation. The last year tells two different stories: BLMN led by 58.5 percentage points, +43.8% for BLMN against -14.7% for MED.
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.
BLMN vs MED: side by side
| BLMN (Bloomin' Brands, Inc.) | MED (MEDIFAST INC) | |
|---|---|---|
| 1-year return | +43.8% | -14.7% |
| 5-year return | -53.9% | -94.1% |
| Volatility (ann.) | 61.1% | 47.7% |
| Beta vs S&P 500 | 1.23 | 0.68 |
| Max drawdown (3Y) | -80.5% | -88.8% |
| Market cap | $0.9B | $0.1B |
| P/E (trailing) | 32.6 | – |
| Dividend yield | 1.35% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLMN | MED |
|---|---|---|
| 2022 | -1.7% | -42.3% |
| 2023 | +45.5% | -38.3% |
| 2024 | -54.4% | -73.8% |
| 2025 | -46.6% | -39.4% |
| 2026 | +69.2% | +13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLMN and MED good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BLMN and MED?
The BLMN/MED correlation stands at 0.50 on a 3-year window (1 year: 0.63, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is MED a good diversifier for BLMN?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: BLMN correlations · MED correlations
