BMR vs IFBD: Correlation
How closely do Beamr Imaging Ltd. (BMR) and Infobird Co., Ltd (IFBD) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and IFBD?
On 3 years of weekly data the BMR/IFBD correlation comes out at 0.44, moderate. The link has loosened recently: the 1-year correlation (0.06) runs below the 3-year figure (0.44). The 5-year figure is n/a, and annualized covariance runs at 20795.0 %².
Among the 36 assets we track against BMR, IFBD ranks #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with IFBD ahead by 45.3 points (-57.8% versus -12.5%). Note the risk asymmetry: BMR runs 2.2 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 IFBD: side by side
| BMR (Beamr Imaging Ltd.) | IFBD (Infobird Co., Ltd) | |
|---|---|---|
| 1-year return | -57.8% | -12.5% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 324.4% | 145.7% |
| Beta vs S&P 500 | 1.15 | 0.85 |
| Max drawdown (3Y) | -92.7% | -98.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | IFBD |
|---|---|---|
| 2022 | – | -88.9% |
| 2023 | – | -97.8% |
| 2024 | +239.3% | -78.4% |
| 2025 | -68.1% | -57.9% |
| 2026 | -18.5% | -4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and IFBD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BMR and IFBD?
The BMR/IFBD correlation stands at 0.44 on a 3-year window (1 year: 0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is IFBD a good diversifier for BMR?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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-ifbd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bmr-vs-ifbd/)
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Related comparisons
Hubs: BMR correlations · IFBD correlations
