BMRA vs ODYS: Correlation
Biomerica, Inc. (BMRA) and Odysight.ai Inc. (ODYS) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BMRA and ODYS?
On 3 years of weekly data the BMRA/ODYS correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.06) runs above the 3-year figure (-0.21). The 5-year figure is -0.11, and annualized covariance runs at -1756.4 %².
Out of 10 assets tracked against BMRA, ODYS lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months ODYS outperformed by 33.0 percentage points (-33.3% for BMRA against -0.3% for ODYS).
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.
BMRA vs ODYS: side by side
| BMRA (Biomerica, Inc.) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -33.3% | -0.3% |
| 5-year return | -94.0% | -63.1% |
| Volatility (ann.) | 97.9% | 85.6% |
| Beta vs S&P 500 | 1.49 | 0.24 |
| Max drawdown (3Y) | -88.7% | -71.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BMRA | ODYS |
|---|---|---|
| 2022 | -13.9% | -37.5% |
| 2023 | -62.7% | -39.0% |
| 2024 | -76.0% | +162.3% |
| 2025 | +5.0% | -58.8% |
| 2026 | -16.7% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BMRA and ODYS 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 BMRA and ODYS?
The BMRA/ODYS correlation stands at -0.21 on a 3-year window (1 year: 0.06, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is ODYS a good diversifier for BMRA?
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?
On the −1 to +1 scale, -0.21 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/bmra-vs-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bmra-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BMRA correlations · ODYS correlations
