BQ vs MTEK: Correlation
Boqii Holding Limited Class A (BQ) and Maris-Tech Ltd. (MTEK) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BQ and MTEK?
Over the past 3 years, BQ and MTEK moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.29). Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -6993.7 %².
By 3-year correlation, MTEK places #11 of the 17 assets tracked against BQ. On 12-month performance MTEK holds a 8.2-point edge, -66.9% against -58.7%. Risk is not evenly split, since BQ carries 3.2 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.
BQ vs MTEK: side by side
| BQ (Boqii Holding Limited Class A) | MTEK (Maris-Tech Ltd.) | |
|---|---|---|
| 1-year return | -66.9% | -58.7% |
| 5-year return | -99.8% | -65.4% |
| Volatility (ann.) | 275.5% | 86.5% |
| Beta vs S&P 500 | 1.87 | 1.15 |
| Max drawdown (3Y) | -98.2% | -83.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BQ | MTEK |
|---|---|---|
| 2022 | -77.1% | – |
| 2023 | -88.5% | +25.3% |
| 2024 | -22.1% | +384.6% |
| 2025 | -43.6% | -77.0% |
| 2026 | -54.7% | -6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BQ and MTEK good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BQ and MTEK?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.47 over the last year and -0.22 over 5 years.
Is MTEK a good diversifier for BQ?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bq-vs-mtek.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bq-vs-mtek/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BQ correlations · MTEK correlations
