ACCS vs BRNX: Correlation
Measured on weekly returns over the past three years, ACCESS Newswire Inc. (ACCS) and BrenX Ltd. (BRNX) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACCS and BRNX?
Across a 3-year window, the weekly returns of ACCS and BRNX correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.42) than the 3-year average (-0.25). Stretching to 5 years gives -0.22, with an annualized covariance of -6771.9 %².
Out of 10 assets tracked against ACCS, BRNX lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with ACCS ahead by 44.8 points (-50.1% versus -94.9%). One caveat on sizing: BRNX is 10.6 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.
ACCS vs BRNX: side by side
| ACCS (ACCESS Newswire Inc.) | BRNX (BrenX Ltd.) | |
|---|---|---|
| 1-year return | -50.1% | -94.9% |
| 5-year return | -78.8% | -99.9% |
| Volatility (ann.) | 50.8% | 539.2% |
| Beta vs S&P 500 | 0.26 | 1.25 |
| Max drawdown (3Y) | -77.4% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACCS | BRNX |
|---|---|---|
| 2022 | -15.0% | – |
| 2023 | -27.6% | -57.4% |
| 2024 | -50.7% | -77.8% |
| 2025 | +4.0% | -92.4% |
| 2026 | -41.7% | -77.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACCS and BRNX good diversifiers for each other?
Yes. With a correlation of -0.25, ACCS and BRNX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACCS and BRNX?
As of 2026-08-27, the correlation of weekly returns between ACCS and BRNX is -0.25 over 3 years, -0.42 over 1 year and -0.22 over 5 years.
Is BRNX a good diversifier for ACCS?
Yes. With a correlation of -0.25, ACCS and BRNX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/accs-vs-brnx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/accs-vs-brnx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACCS correlations · BRNX correlations
