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
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 500 | 0.09 | 1.21 |
| Max drawdown (3Y) | -99.1% | -100.0% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNAI | SKYA |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/bnai-vs-skya.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnai-vs-skya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BNAI correlations · SKYA correlations