BLNE vs TIL: Correlation
Measured on weekly returns over the past three years, Beeline Holdings, Inc. (BLNE) and Instil Bio, Inc. (TIL) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLNE and TIL?
Across a 3-year window, the weekly returns of BLNE and TIL correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.25 over 3 years. Stretching to 5 years gives -0.18, with an annualized covariance of -10041.5 %².
TIL is close to the least connected end of BLNE's tracked universe, ranking #17 of 19. Correlation aside, the last 12 months split them widely, with BLNE ahead by 35.7 points (-36.2% versus -71.9%). Risk is not evenly split, since TIL carries 2.2 times the volatility of the other side.
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.
BLNE vs TIL: side by side
| BLNE (Beeline Holdings, Inc.) | TIL (Instil Bio, Inc.) | |
|---|---|---|
| 1-year return | -36.2% | -71.9% |
| 5-year return | -99.8% | -97.9% |
| Volatility (ann.) | 136.3% | 296.1% |
| Beta vs S&P 500 | 0.59 | 3.91 |
| Max drawdown (3Y) | -96.7% | -92.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLNE | TIL |
|---|---|---|
| 2022 | -87.2% | -96.3% |
| 2023 | -71.8% | -39.5% |
| 2024 | -25.3% | +150.5% |
| 2025 | -82.1% | -42.4% |
| 2026 | -42.8% | -28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLNE and TIL good diversifiers for each other?
Yes. With a correlation of -0.25, BLNE and TIL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BLNE and TIL?
The BLNE/TIL correlation stands at -0.25 on a 3-year window (1 year: -0.03, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is TIL a good diversifier for BLNE?
Yes. With a correlation of -0.25, BLNE and TIL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/blne-vs-til.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/blne-vs-til/)
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Related comparisons
Hubs: BLNE correlations · TIL correlations