BSBK vs SBC: Correlation
How closely do Bogota Financial Corp. (BSBK) and SBC Medical Group Holdings Incorporated (SBC) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSBK and SBC?
On 3 years of weekly data the BSBK/SBC correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.25). The 5-year figure is -0.21, and annualized covariance runs at -423.2 %².
Out of 14 assets tracked against BSBK, SBC lands near the bottom at #14. Neither side won the trailing year by much: -1.1% against -1.7%. One caveat on sizing: SBC is 3.8 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.
BSBK vs SBC: side by side
| BSBK (Bogota Financial Corp.) | SBC (SBC Medical Group Holdings Incorporated) | |
|---|---|---|
| 1-year return | -1.1% | -1.7% |
| 5-year return | -12.7% | n/a |
| Volatility (ann.) | 21.2% | 81.1% |
| Beta vs S&P 500 | 0.12 | 0.56 |
| Max drawdown (3Y) | -21.6% | -82.1% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | 43.4 | 8.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSBK | SBC |
|---|---|---|
| 2022 | +9.8% | – |
| 2023 | -28.0% | +5.6% |
| 2024 | -6.8% | -48.4% |
| 2025 | +12.7% | -22.5% |
| 2026 | +7.9% | -4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSBK and SBC good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between BSBK and SBC?
The BSBK/SBC correlation stands at -0.25 on a 3-year window (1 year: 0.12, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is SBC a good diversifier for BSBK?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/bsbk-vs-sbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bsbk-vs-sbc/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: BSBK correlations · SBC correlations
