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BQ vs PFE: Correlation

Boqii Holding Limited Class A (BQ) and Pfizer (PFE) 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

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.62
last 12 months
Correlation (5Y)
0.30
long-run
Ann. covariance
2680.5
%² · weekly, annualized

How correlated are BQ and PFE?

Over the past 3 years, BQ and PFE moved with a correlation of 0.41, which is moderate. The link has tightened recently: the 1-year correlation (0.62) runs above the 3-year figure (0.41). Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 2680.5 %².

By 3-year correlation, PFE places #4 of the 17 assets tracked against BQ. The last year tells two different stories: PFE led by 86.5 percentage points, -66.9% for BQ against +19.6% for PFE. Risk is not evenly split, since BQ carries 11.6 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 PFE: side by side

BQ (Boqii Holding Limited Class A)PFE (Pfizer)
1-year return-66.9%+19.6%
5-year return-99.8%-21.9%
Volatility (ann.)275.5%23.8%
Beta vs S&P 5001.870.40
Max drawdown (3Y)-98.2%-34.8%
Market cap$159.7B
P/E (trailing)37.4
Dividend yield0.00%6.08%
Sector / categoryUS ListedHealth Care
Higher yield: PFE 6.08% vs 0.00%Smaller drawdown: PFE -34.8% vs -98.2%Higher 5y return: PFE -21.9% vs -99.8%
-76%0%+408%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BQ · PFE

Year-by-year returns

YearBQPFE
2022-77.1%-10.4%
2023-88.5%-41.3%
2024-22.1%-2.2%
2025-43.6%+0.6%
2026-54.7%+18.3%

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

Are BQ and PFE good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between BQ and PFE?

The BQ/PFE correlation stands at 0.41 on a 3-year window (1 year: 0.62, 5 years: 0.30), computed from weekly returns as of 2026-08-27.

Is PFE a good diversifier for BQ?

Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined 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

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

BQ vs PFE: 3-year weekly correlation 0.41BQ vs PFE0.41

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Related comparisons

Hubs: BQ correlations · PFE correlations