BMR vs HTOO: Correlation
Beamr Imaging Ltd. (BMR) and Fusion Fuel Green PLC (HTOO) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and HTOO?
Across a 3-year window, the weekly returns of BMR and HTOO correlate at 0.50, moderate. The past 12 months show a weaker link (0.32) than the 3-year average (0.50). Stretching to 5 years gives n/a, with an annualized covariance of 20543.0 %².
Among the 36 assets we track against BMR, HTOO ranks #10 by 3-year correlation. Over the last 12 months HTOO came out ahead by 7.6 percentage points (-57.8% against -50.2%). Risk is not evenly split, since BMR carries 2.6 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 HTOO: side by side
| BMR (Beamr Imaging Ltd.) | HTOO (Fusion Fuel Green PLC) | |
|---|---|---|
| 1-year return | -57.8% | -50.2% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 324.4% | 126.6% |
| Beta vs S&P 500 | 1.15 | 0.90 |
| Max drawdown (3Y) | -92.7% | -97.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | HTOO |
|---|---|---|
| 2022 | – | -46.5% |
| 2023 | – | -74.7% |
| 2024 | +239.3% | -49.7% |
| 2025 | -68.1% | -83.1% |
| 2026 | -18.5% | -39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and HTOO good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BMR and HTOO?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.32 over the last year and n/a over 5 years.
Is HTOO a good diversifier for BMR?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bmr-vs-htoo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bmr-vs-htoo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BMR correlations · HTOO correlations
