BXP vs IDAI: Correlation
BXP, Inc. (BXP) and T Stamp Inc. (IDAI) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and IDAI?
Over the past 3 years, BXP and IDAI moved with a correlation of -0.13, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.09) runs above the 3-year figure (-0.13). Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -2131.3 %².
Among the 45 assets we track against BXP, IDAI ranks #37 by 3-year correlation. The trailing year gives IDAI the advantage: +2.9% versus +15.5%, a 12.6-point spread. Risk is not evenly split, since IDAI carries 15.3 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.
BXP vs IDAI: side by side
| BXP (BXP, Inc.) | IDAI (T Stamp Inc.) | |
|---|---|---|
| 1-year return | +2.9% | +15.5% |
| 5-year return | -18.9% | -76.5% |
| Volatility (ann.) | 33.1% | 505.7% |
| Beta vs S&P 500 | 1.02 | -1.01 |
| Max drawdown (3Y) | -39.0% | -92.9% |
| Market cap | $12.7B | – |
| P/E (trailing) | 37.8 | – |
| Dividend yield | 3.98% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | BXP | IDAI |
|---|---|---|
| 2022 | -38.6% | -88.0% |
| 2023 | +11.0% | -43.0% |
| 2024 | +12.3% | -35.5% |
| 2025 | -4.7% | +342.8% |
| 2026 | +6.2% | -14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and IDAI good diversifiers for each other?
Yes. With a correlation of -0.13, BXP and IDAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BXP and IDAI?
Using weekly returns as of 2026-08-27: -0.13 over 3 years, with 0.09 over the last year and -0.09 over 5 years.
Is IDAI a good diversifier for BXP?
Yes. With a correlation of -0.13, BXP and IDAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.13 mean?
A reading of -0.13 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Hubs: BXP correlations · IDAI correlations