BMR vs TDC: Correlation
How closely do Beamr Imaging Ltd. (BMR) and Teradata Corporation (TDC) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMR and TDC?
Over the past 3 years, BMR and TDC moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.07 versus -0.27 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3853.8 %².
Among the 36 assets we track against BMR, TDC ranks #29 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TDC outperformed by 93.1 percentage points (-57.8% for BMR against +35.3% for TDC). Note the risk asymmetry: BMR runs 7.4 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 TDC: side by side
| BMR (Beamr Imaging Ltd.) | TDC (Teradata Corporation) | |
|---|---|---|
| 1-year return | -57.8% | +35.3% |
| 5-year return | n/a | -46.9% |
| Volatility (ann.) | 324.4% | 44.0% |
| Beta vs S&P 500 | 1.15 | 0.83 |
| Max drawdown (3Y) | -92.7% | -60.8% |
| Market cap | – | $2.7B |
| P/E (trailing) | – | 5.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMR | TDC |
|---|---|---|
| 2022 | – | -20.7% |
| 2023 | – | +29.3% |
| 2024 | +239.3% | -28.4% |
| 2025 | -68.1% | -2.3% |
| 2026 | -18.5% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMR and TDC good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BMR and TDC?
As of 2026-08-27, the correlation of weekly returns between BMR and TDC is -0.27 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is TDC a good diversifier for BMR?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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-tdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bmr-vs-tdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BMR correlations · TDC correlations
