BWMN vs OPRX: Correlation
How closely do Bowman Consulting Group Ltd. (BWMN) and OptimizeRx Corporation (OPRX) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWMN and OPRX?
Over the past 3 years, BWMN and OPRX moved with a correlation of 0.45, which is moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.45 over 3. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 2143.2 %².
Among the 17 assets we track against BWMN, OPRX ranks #6 by 3-year correlation. The last year tells two different stories: BWMN led by 56.8 percentage points, +1.5% for BWMN against -55.3% for OPRX.
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.
BWMN vs OPRX: side by side
| BWMN (Bowman Consulting Group Ltd.) | OPRX (OptimizeRx Corporation) | |
|---|---|---|
| 1-year return | +1.5% | -55.3% |
| 5-year return | +220.2% | -88.3% |
| Volatility (ann.) | 56.7% | 83.6% |
| Beta vs S&P 500 | 1.08 | 2.12 |
| Max drawdown (3Y) | -56.2% | -79.1% |
| Market cap | $0.7B | $0.1B |
| P/E (trailing) | 101.2 | 31.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWMN | OPRX |
|---|---|---|
| 2022 | +2.8% | -73.0% |
| 2023 | +62.6% | -14.8% |
| 2024 | -29.8% | -66.0% |
| 2025 | +32.3% | +152.3% |
| 2026 | +28.8% | -36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWMN and OPRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BWMN and OPRX?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.51 over the last year and 0.30 over 5 years.
Is OPRX a good diversifier for BWMN?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bwmn-vs-oprx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bwmn-vs-oprx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BWMN correlations · OPRX correlations
