BODI vs KE: Correlation
Measured on weekly returns over the past three years, The Beachbody Company, Inc. (BODI) and Kimball Electronics, Inc. (KE) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BODI and KE?
Across a 3-year window, the weekly returns of BODI and KE correlate at 0.33, moderate. The past 12 months show a weaker link (0.21) than the 3-year average (0.33). Stretching to 5 years gives 0.32, with an annualized covariance of 1227.3 %².
Within BODI's tracked universe of 10 assets, KE comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BODI ahead by 22.3 points (+7.3% versus -15.0%). Risk is not evenly split, since BODI carries 2.1 times the volatility of the other side.
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.
BODI vs KE: side by side
| BODI (The Beachbody Company, Inc.) | KE (Kimball Electronics, Inc.) | |
|---|---|---|
| 1-year return | +7.3% | -15.0% |
| 5-year return | -98.4% | +0.6% |
| Volatility (ann.) | 88.3% | 42.0% |
| Beta vs S&P 500 | 0.88 | 1.22 |
| Max drawdown (3Y) | -84.5% | -58.5% |
| Market cap | – | $0.6B |
| P/E (trailing) | 3.5 | 21.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BODI | KE |
|---|---|---|
| 2022 | -77.8% | +3.8% |
| 2023 | -68.5% | +19.3% |
| 2024 | -25.8% | -30.5% |
| 2025 | +68.5% | +48.5% |
| 2026 | -42.2% | -13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BODI and KE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BODI and KE?
The BODI/KE correlation stands at 0.33 on a 3-year window (1 year: 0.21, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is KE a good diversifier for BODI?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined 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/bodi-vs-ke.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bodi-vs-ke/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BODI correlations · KE correlations
