BYSI vs EVC: Correlation
Measured on weekly returns over the past three years, BeyondSpring, Inc. (BYSI) and Entravision Communications Corporation (EVC) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BYSI and EVC?
Across a 3-year window, the weekly returns of BYSI and EVC correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.16 versus -0.22 over 3 years. Stretching to 5 years gives -0.09, with an annualized covariance of -1860.9 %².
EVC is close to the least connected end of BYSI's tracked universe, ranking #10 of 12. Their recent paths diverged sharply: over the last 12 months EVC outperformed by 296.9 percentage points (-64.8% for BYSI against +232.1% for EVC).
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.
BYSI vs EVC: side by side
| BYSI (BeyondSpring, Inc.) | EVC (Entravision Communications Corporation) | |
|---|---|---|
| 1-year return | -64.8% | +232.1% |
| 5-year return | -97.7% | +53.1% |
| Volatility (ann.) | 101.3% | 82.5% |
| Beta vs S&P 500 | 0.29 | 0.94 |
| Max drawdown (3Y) | -82.4% | -67.4% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 404.5 |
| Dividend yield | 0.00% | 2.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BYSI | EVC |
|---|---|---|
| 2022 | -58.5% | -27.8% |
| 2023 | -52.1% | -9.2% |
| 2024 | +81.1% | -37.6% |
| 2025 | +0.0% | +35.8% |
| 2026 | -60.7% | +182.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BYSI and EVC good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BYSI and EVC?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with 0.16 over the last year and -0.09 over 5 years.
Is EVC a good diversifier for BYSI?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/bysi-vs-evc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bysi-vs-evc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BYSI correlations · EVC correlations
