BRID vs SGLY: Correlation
Bridgford Foods Corporation (BRID) and Singularity Future Technology Ltd. (SGLY) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRID and SGLY?
On 3 years of weekly data the BRID/SGLY correlation comes out at 0.34, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.34 over 3 years. The 5-year figure is 0.21, and annualized covariance runs at 1637.0 %².
SGLY is one of the assets that tracks BRID most closely: it ranks #1 out of the 12 assets we track against BRID. The last year tells two different stories: BRID led by 69.0 percentage points, -17.9% for BRID against -86.9% for SGLY. One caveat on sizing: SGLY is 4.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 SGLY: side by side
| BRID (Bridgford Foods Corporation) | SGLY (Singularity Future Technology Ltd.) | |
|---|---|---|
| 1-year return | -17.9% | -86.9% |
| 5-year return | -53.4% | -99.5% |
| Volatility (ann.) | 33.3% | 146.7% |
| Beta vs S&P 500 | 0.31 | 1.68 |
| Max drawdown (3Y) | -54.0% | -98.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRID | SGLY |
|---|---|---|
| 2022 | -1.6% | -91.2% |
| 2023 | -7.7% | +28.6% |
| 2024 | -2.2% | -70.0% |
| 2025 | -27.5% | -60.5% |
| 2026 | -21.2% | -77.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRID and SGLY good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRID and SGLY?
As of 2026-08-27, the correlation of weekly returns between BRID and SGLY is 0.34 over 3 years, 0.10 over 1 year and 0.21 over 5 years.
Is SGLY a good diversifier for BRID?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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-sgly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brid-vs-sgly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRID correlations · SGLY correlations
