BRID vs BYFC: Correlation
Bridgford Foods Corporation (BRID) and Broadway Financial Corporation (BYFC) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRID and BYFC?
Over the past 3 years, BRID and BYFC moved with a correlation of 0.30, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 473.0 %².
Among the 12 assets we track against BRID, BYFC ranks #5 by 3-year correlation. The last year tells two different stories: BYFC led by 72.7 percentage points, -17.9% for BRID against +54.8% for BYFC.
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.
BRID vs BYFC: side by side
| BRID (Bridgford Foods Corporation) | BYFC (Broadway Financial Corporation) | |
|---|---|---|
| 1-year return | -17.9% | +54.8% |
| 5-year return | -53.4% | -59.2% |
| Volatility (ann.) | 33.3% | 47.2% |
| Beta vs S&P 500 | 0.31 | 0.86 |
| Max drawdown (3Y) | -54.0% | -43.5% |
| 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 | BRID | BYFC |
|---|---|---|
| 2022 | -1.6% | -56.3% |
| 2023 | -7.7% | -16.0% |
| 2024 | -2.2% | +0.9% |
| 2025 | -27.5% | +8.0% |
| 2026 | -21.2% | +62.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRID and BYFC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BRID and BYFC?
The BRID/BYFC correlation stands at 0.30 on a 3-year window (1 year: 0.30, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is BYFC a good diversifier for BRID?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/brid-vs-byfc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brid-vs-byfc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRID correlations · BYFC correlations
