BMR vs DBX: Correlation
Measured on weekly returns over the past three years, Beamr Imaging Ltd. (BMR) and Dropbox, Inc. (DBX) carry a correlation of -0.38, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and DBX?
Across a 3-year window, the weekly returns of BMR and DBX correlate at -0.38, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.38). Stretching to 5 years gives n/a, with an annualized covariance of -4036.7 %².
DBX is close to the least connected end of BMR's tracked universe, ranking #34 of 36. Correlation aside, the last 12 months split them widely, with DBX ahead by 82.3 points (-57.8% versus +24.5%). Note the risk asymmetry: BMR runs 9.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BMR vs DBX: side by side
| BMR (Beamr Imaging Ltd.) | DBX (Dropbox, Inc.) | |
|---|---|---|
| 1-year return | -57.8% | +24.5% |
| 5-year return | n/a | +14.9% |
| Volatility (ann.) | 324.4% | 32.7% |
| Beta vs S&P 500 | 1.15 | 0.86 |
| Max drawdown (3Y) | -92.7% | -37.4% |
| Market cap | – | $7.8B |
| P/E (trailing) | – | 19.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | DBX |
|---|---|---|
| 2022 | – | -8.8% |
| 2023 | – | +31.7% |
| 2024 | +239.3% | +1.9% |
| 2025 | -68.1% | -7.5% |
| 2026 | -18.5% | +29.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and DBX good diversifiers for each other?
Yes. With a correlation of -0.38, BMR and DBX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BMR and DBX?
As of 2026-08-27, the correlation of weekly returns between BMR and DBX is -0.38 over 3 years, 0.10 over 1 year and n/a over 5 years.
Is DBX a good diversifier for BMR?
Yes. With a correlation of -0.38, BMR and DBX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.38 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/bmr-vs-dbx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bmr-vs-dbx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BMR correlations · DBX correlations
