BZAI vs SXTC: Correlation
Measured on weekly returns over the past three years, Blaize Holdings, Inc. (BZAI) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BZAI and SXTC?
Over the past 3 years, BZAI and SXTC moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.27 over 3. Over 5 years the correlation is -0.27, and the annualized covariance of weekly returns is -180053.6 %².
SXTC is close to the least connected end of BZAI's tracked universe, ranking #15 of 16. The trailing year gives BZAI the advantage: -87.3% versus -98.4%, a 11.1-point spread. One caveat on sizing: SXTC is 71.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BZAI vs SXTC: side by side
| BZAI (Blaize Holdings, Inc.) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | -87.3% | -98.4% |
| 5-year return | -94.8% | -99.9% |
| Volatility (ann.) | 97.0% | 6970.7% |
| Beta vs S&P 500 | 0.55 | 6.97 |
| Max drawdown (3Y) | -97.0% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BZAI | SXTC |
|---|---|---|
| 2022 | – | -16.6% |
| 2023 | +5.6% | -70.7% |
| 2024 | +39.8% | -87.2% |
| 2025 | -87.0% | +215.0% |
| 2026 | -73.8% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BZAI and SXTC good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BZAI and SXTC?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.33 over the last year and -0.27 over 5 years.
Is SXTC a good diversifier for BZAI?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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/bzai-vs-sxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bzai-vs-sxtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BZAI correlations · SXTC correlations
