BB vs NSIT: Correlation
How closely do BlackBerry Limited (BB) and Insight Enterprises, Inc. (NSIT) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BB and NSIT?
Across a 3-year window, the weekly returns of BB and NSIT correlate at 0.41, moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.41). Stretching to 5 years gives 0.38, with an annualized covariance of 980.7 %².
By 3-year correlation, NSIT places #5 of the 11 assets tracked against BB. The last year tells two different stories: BB led by 103.3 percentage points, +124.7% for BB against +21.4% for NSIT. One caveat on sizing: BB is 1.6 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.
BB vs NSIT: side by side
| BB (BlackBerry Limited) | NSIT (Insight Enterprises, Inc.) | |
|---|---|---|
| 1-year return | +124.7% | +21.4% |
| 5-year return | -22.8% | +51.9% |
| Volatility (ann.) | 63.0% | 38.2% |
| Beta vs S&P 500 | 1.29 | 1.35 |
| Max drawdown (3Y) | -62.3% | -71.4% |
| Market cap | $5.1B | $4.6B |
| P/E (trailing) | 78.6 | 22.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BB | NSIT |
|---|---|---|
| 2022 | -65.1% | -5.9% |
| 2023 | +8.6% | +76.7% |
| 2024 | +6.8% | -14.2% |
| 2025 | +0.3% | -46.4% |
| 2026 | +128.2% | +91.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BB and NSIT good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BB and NSIT?
The BB/NSIT correlation stands at 0.41 on a 3-year window (1 year: 0.53, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is NSIT a good diversifier for BB?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bb-vs-nsit.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bb-vs-nsit/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BB correlations · NSIT correlations
