BNAI vs NTNX: Correlation
Brand Engagement Network Inc. (BNAI) and Nutanix, Inc. (NTNX) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNAI and NTNX?
On 3 years of weekly data the BNAI/NTNX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. The 5-year figure is -0.23, and annualized covariance runs at -4371.1 %².
Among the 12 assets we track against BNAI, NTNX sits near the bottom by co-movement, at rank #12. The last year tells two different stories: BNAI led by 305.9 percentage points, +306.2% for BNAI against +0.3% for NTNX. Note the risk asymmetry: BNAI runs 6.8 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.
BNAI vs NTNX: side by side
| BNAI (Brand Engagement Network Inc.) | NTNX (Nutanix, Inc.) | |
|---|---|---|
| 1-year return | +306.2% | +0.3% |
| 5-year return | -87.1% | +90.4% |
| Volatility (ann.) | 309.0% | 45.6% |
| Beta vs S&P 500 | 0.09 | 1.28 |
| Max drawdown (3Y) | -99.1% | -58.6% |
| Market cap | $0.1B | $18.9B |
| P/E (trailing) | – | 12.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNAI | NTNX |
|---|---|---|
| 2022 | +3.5% | -18.2% |
| 2023 | +5.2% | +83.1% |
| 2024 | -90.8% | +28.3% |
| 2025 | -76.2% | -15.5% |
| 2026 | +437.5% | +35.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNAI and NTNX good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between BNAI and NTNX?
The BNAI/NTNX correlation stands at -0.31 on a 3-year window (1 year: -0.26, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is NTNX a good diversifier for BNAI?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 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/bnai-vs-ntnx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bnai-vs-ntnx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BNAI correlations · NTNX correlations
