BNGO vs LPSN: Correlation
Bionano Genomics, Inc. (BNGO) and LivePerson, Inc. (LPSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNGO and LPSN?
Over the past 3 years, BNGO and LPSN moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 4124.7 %².
LPSN is one of the assets that tracks BNGO most closely: it ranks #3 out of the 11 assets we track against BNGO. On 12-month performance BNGO holds a 13.9-point edge, -69.0% against -82.9%.
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.
BNGO vs LPSN: side by side
| BNGO (Bionano Genomics, Inc.) | LPSN (LivePerson, Inc.) | |
|---|---|---|
| 1-year return | -69.0% | -82.9% |
| 5-year return | -100.0% | -99.7% |
| Volatility (ann.) | 96.1% | 105.2% |
| Beta vs S&P 500 | 2.01 | 2.05 |
| Max drawdown (3Y) | -99.5% | -97.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNGO | LPSN |
|---|---|---|
| 2022 | -51.2% | -71.6% |
| 2023 | -87.1% | -62.6% |
| 2024 | -84.7% | -59.9% |
| 2025 | -91.2% | -83.0% |
| 2026 | -20.9% | -27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNGO and LPSN good diversifiers for each other?
Reasonably. At 0.41, BNGO and LPSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BNGO and LPSN?
The BNGO/LPSN correlation stands at 0.41 on a 3-year window (1 year: 0.39, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is LPSN a good diversifier for BNGO?
Reasonably. At 0.41, BNGO and LPSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/bngo-vs-lpsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bngo-vs-lpsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BNGO correlations · LPSN correlations
