BMR vs FBLG: Correlation
Measured on weekly returns over the past three years, Beamr Imaging Ltd. (BMR) and FibroBiologics, Inc. (FBLG) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and FBLG?
Across a 3-year window, the weekly returns of BMR and FBLG correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 21629.5 %².
Among the 36 assets we track against BMR, FBLG ranks #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BMR outperformed by 29.8 percentage points (-57.8% for BMR against -87.6% for FBLG). Risk is not evenly split, since BMR 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.
BMR vs FBLG: side by side
| BMR (Beamr Imaging Ltd.) | FBLG (FibroBiologics, Inc.) | |
|---|---|---|
| 1-year return | -57.8% | -87.6% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 324.4% | 150.1% |
| Beta vs S&P 500 | 1.15 | 0.40 |
| Max drawdown (3Y) | -92.7% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | FBLG |
|---|---|---|
| 2024 | +239.3% | – |
| 2025 | -68.1% | -88.8% |
| 2026 | -18.5% | -66.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and FBLG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BMR and FBLG?
The BMR/FBLG correlation stands at 0.41 on a 3-year window (1 year: 0.34, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is FBLG a good diversifier for BMR?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/bmr-vs-fblg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bmr-vs-fblg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BMR correlations · FBLG correlations
