BRID vs SBC: Correlation
How closely do Bridgford Foods Corporation (BRID) and SBC Medical Group Holdings Incorporated (SBC) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRID and SBC?
On 3 years of weekly data the BRID/SBC correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. The 5-year figure is -0.19, and annualized covariance runs at -606.5 %².
Among the 12 assets we track against BRID, SBC sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months SBC outperformed by 16.2 percentage points (-17.9% for BRID against -1.7% for SBC). Risk is not evenly split, since SBC carries 2.4 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.
BRID vs SBC: side by side
| BRID (Bridgford Foods Corporation) | SBC (SBC Medical Group Holdings Incorporated) | |
|---|---|---|
| 1-year return | -17.9% | -1.7% |
| 5-year return | -53.4% | n/a |
| Volatility (ann.) | 33.3% | 81.1% |
| Beta vs S&P 500 | 0.31 | 0.56 |
| Max drawdown (3Y) | -54.0% | -82.1% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | 8.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRID | SBC |
|---|---|---|
| 2022 | -1.6% | – |
| 2023 | -7.7% | +5.6% |
| 2024 | -2.2% | -48.4% |
| 2025 | -27.5% | -22.5% |
| 2026 | -21.2% | -4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRID and SBC good diversifiers for each other?
Yes. With a correlation of -0.22, BRID and SBC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BRID and SBC?
As of 2026-08-27, the correlation of weekly returns between BRID and SBC is -0.22 over 3 years, -0.14 over 1 year and -0.19 over 5 years.
Is SBC a good diversifier for BRID?
Yes. With a correlation of -0.22, BRID and SBC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brid-vs-sbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brid-vs-sbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRID correlations · SBC correlations
