BMR vs HLF: Correlation
Measured on weekly returns over the past three years, Beamr Imaging Ltd. (BMR) and Herbalife Ltd. (HLF) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and HLF?
On 3 years of weekly data the BMR/HLF correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.14 versus -0.28 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -6000.8 %².
By 3-year correlation, HLF places #30 of the 36 assets tracked against BMR. Correlation aside, the last 12 months split them widely, with HLF ahead by 88.1 points (-57.8% versus +30.3%). One caveat on sizing: BMR is 5.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 HLF: side by side
| BMR (Beamr Imaging Ltd.) | HLF (Herbalife Ltd.) | |
|---|---|---|
| 1-year return | -57.8% | +30.3% |
| 5-year return | n/a | -75.9% |
| Volatility (ann.) | 324.4% | 65.4% |
| Beta vs S&P 500 | 1.15 | 0.48 |
| Max drawdown (3Y) | -92.7% | -67.0% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | 8.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | HLF |
|---|---|---|
| 2022 | – | -63.6% |
| 2023 | – | +2.6% |
| 2024 | +239.3% | -56.2% |
| 2025 | -68.1% | +92.7% |
| 2026 | -18.5% | -4.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and HLF good diversifiers for each other?
Yes. With a correlation of -0.28, BMR and HLF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BMR and HLF?
The BMR/HLF correlation stands at -0.28 on a 3-year window (1 year: 0.14, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is HLF a good diversifier for BMR?
Yes. With a correlation of -0.28, BMR and HLF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 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-hlf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bmr-vs-hlf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BMR correlations · HLF correlations
