BMR vs NRXS: Correlation
Beamr Imaging Ltd. (BMR) and Neuraxis, Inc. (NRXS) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and NRXS?
Over the past 3 years, BMR and NRXS moved with a correlation of 0.37, which is moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.37). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 9899.4 %².
Within BMR's tracked universe of 36 assets, NRXS comes in at #20 by 3-year correlation. The last year tells two different stories: NRXS led by 206.6 percentage points, -57.8% for BMR against +148.8% for NRXS. Note the risk asymmetry: BMR runs 3.9 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 NRXS: side by side
| BMR (Beamr Imaging Ltd.) | NRXS (Neuraxis, Inc.) | |
|---|---|---|
| 1-year return | -57.8% | +148.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 324.4% | 82.2% |
| Beta vs S&P 500 | 1.15 | 0.96 |
| Max drawdown (3Y) | -92.7% | -69.2% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | NRXS |
|---|---|---|
| 2024 | +239.3% | -12.0% |
| 2025 | -68.1% | +93.2% |
| 2026 | -18.5% | +32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and NRXS good diversifiers for each other?
Reasonably. At 0.37, BMR and NRXS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BMR and NRXS?
As of 2026-08-27, the correlation of weekly returns between BMR and NRXS is 0.37 over 3 years, 0.13 over 1 year and n/a over 5 years.
Is NRXS a good diversifier for BMR?
Reasonably. At 0.37, BMR and NRXS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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-nrxs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bmr-vs-nrxs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BMR correlations · NRXS correlations
