BVFL vs PPCB: Correlation
BV Financial, Inc. (BVFL) and Propanc Biopharma, Inc. (PPCB) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVFL and PPCB?
Across a 3-year window, the weekly returns of BVFL and PPCB correlate at -0.23, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.01) runs above the 3-year figure (-0.23). Stretching to 5 years gives -0.15, with an annualized covariance of -5354888.4 %².
Among the 11 assets we track against BVFL, PPCB sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with BVFL ahead by 124.5 points (+27.5% versus -97.0%). Risk is not evenly split, since PPCB carries 40259.2 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.
BVFL vs PPCB: side by side
| BVFL (BV Financial, Inc.) | PPCB (Propanc Biopharma, Inc.) | |
|---|---|---|
| 1-year return | +27.5% | -97.0% |
| 5-year return | +55.7% | -99.9% |
| Volatility (ann.) | 23.9% | 962193.8% |
| Beta vs S&P 500 | 0.49 | -3746.20 |
| Max drawdown (3Y) | -30.9% | -99.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | 14.3 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVFL | PPCB |
|---|---|---|
| 2022 | +24.4% | -98.6% |
| 2023 | -13.2% | -98.0% |
| 2024 | +21.4% | -98.3% |
| 2025 | +5.3% | +134050.0% |
| 2026 | +17.8% | -83.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVFL and PPCB good diversifiers for each other?
Yes. With a correlation of -0.23, BVFL and PPCB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BVFL and PPCB?
The BVFL/PPCB correlation stands at -0.23 on a 3-year window (1 year: -0.01, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is PPCB a good diversifier for BVFL?
Yes. With a correlation of -0.23, BVFL and PPCB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: BVFL correlations · PPCB correlations
