BMR vs HR: Correlation
How closely do Beamr Imaging Ltd. (BMR) and Healthcare Realty Trust Incorporated (HR) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and HR?
Across a 3-year window, the weekly returns of BMR and HR correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.00) than the 3-year average (-0.21). Stretching to 5 years gives n/a, with an annualized covariance of -1484.8 %².
Among the 36 assets we track against BMR, HR ranks #27 by 3-year correlation. The last year tells two different stories: HR led by 74.4 percentage points, -57.8% for BMR against +16.6% for HR. Note the risk asymmetry: BMR runs 14.9 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 HR: side by side
| BMR (Beamr Imaging Ltd.) | HR (Healthcare Realty Trust Incorporated) | |
|---|---|---|
| 1-year return | -57.8% | +16.6% |
| 5-year return | n/a | +12.6% |
| Volatility (ann.) | 324.4% | 21.8% |
| Beta vs S&P 500 | 1.15 | 0.37 |
| Max drawdown (3Y) | -92.7% | -24.4% |
| Market cap | – | $6.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.98% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | HR |
|---|---|---|
| 2022 | – | -17.5% |
| 2023 | – | -4.1% |
| 2024 | +239.3% | +6.4% |
| 2025 | -68.1% | +6.9% |
| 2026 | -18.5% | +17.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and HR good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between BMR and HR?
As of 2026-08-27, the correlation of weekly returns between BMR and HR is -0.21 over 3 years, -0.00 over 1 year and n/a over 5 years.
Is HR a good diversifier for BMR?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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-hr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bmr-vs-hr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BMR correlations · HR correlations
