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BNAI vs SKYA: Correlation

How closely do Brand Engagement Network Inc. (BNAI) and SkyAI, Inc. (SKYA) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
0.31
long-run
Ann. covariance
14678.0
%² · weekly, annualized

How correlated are BNAI and SKYA?

Over the past 3 years, BNAI and SKYA moved with a correlation of 0.33, which is moderate. The past 12 months show a weaker link (0.04) than the 3-year average (0.33). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 14678.0 %².

Within BNAI's tracked universe of 12 assets, SKYA comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BNAI ahead by 396.3 points (+306.2% versus -90.1%). One caveat on sizing: BNAI is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 SKYA: side by side

BNAI (Brand Engagement Network Inc.)SKYA (SkyAI, Inc.)
1-year return+306.2%-90.1%
5-year return-87.1%-100.0%
Volatility (ann.)309.0%144.3%
Beta vs S&P 5000.091.21
Max drawdown (3Y)-99.1%-100.0%
Market cap$0.1B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BNAI -99.1% vs -100.0%Higher 5y return: BNAI -87.1% vs -100.0%
-91%0%+1721%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BNAI · SKYA

Year-by-year returns

YearBNAISKYA
2022+3.5%
2023+5.2%-65.6%
2024-90.8%-77.5%
2025-76.2%-99.7%
2026+437.5%-27.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BNAI and SKYA good diversifiers for each other?

Reasonably. At 0.33, BNAI and SKYA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BNAI and SKYA?

The BNAI/SKYA correlation stands at 0.33 on a 3-year window (1 year: 0.04, 5 years: 0.31), computed from weekly returns as of 2026-08-27.

Is SKYA a good diversifier for BNAI?

Reasonably. At 0.33, BNAI and SKYA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.33 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bnai-vs-skya.json

BNAI vs SKYA: 3-year weekly correlation 0.33BNAI vs SKYA0.33

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Related comparisons

Hubs: BNAI correlations · SKYA correlations