BVC vs INBS: Correlation
How closely do BitVentures Limited (BVC) and Intelligent Bio Solutions Inc. (INBS) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVC and INBS?
Over the past 3 years, BVC and INBS moved with a correlation of 0.37, which is moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.37). Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 31575.1 %².
Among the 19 assets we track against BVC, INBS ranks #8 by 3-year correlation. The last year tells two different stories: BVC led by 1907.7 percentage points, +1822.0% for BVC against -85.7% for INBS. Note the risk asymmetry: BVC runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BVC vs INBS: side by side
| BVC (BitVentures Limited) | INBS (Intelligent Bio Solutions Inc.) | |
|---|---|---|
| 1-year return | +1822.0% | -85.7% |
| 5-year return | +74.6% | -100.0% |
| Volatility (ann.) | 476.9% | 177.9% |
| Beta vs S&P 500 | 1.30 | 2.07 |
| Max drawdown (3Y) | -97.2% | -99.4% |
| Market cap | $2.1B | – |
| P/E (trailing) | 8.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVC | INBS |
|---|---|---|
| 2022 | +1.2% | -86.1% |
| 2023 | -67.4% | -91.5% |
| 2024 | -33.5% | -65.5% |
| 2025 | -7.3% | -31.9% |
| 2026 | +1002.6% | -76.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVC and INBS good diversifiers for each other?
Reasonably. At 0.37, BVC and INBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BVC and INBS?
As of 2026-08-27, the correlation of weekly returns between BVC and INBS is 0.37 over 3 years, 0.71 over 1 year and 0.28 over 5 years.
Is INBS a good diversifier for BVC?
Reasonably. At 0.37, BVC and INBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/bvc-vs-inbs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bvc-vs-inbs/)
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Related comparisons
Hubs: BVC correlations · INBS correlations
