BC vs NXH: Correlation
How closely do Brunswick Corporation (BC) and Neighborhood Intelligence, Inc. (NXH) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BC and NXH?
On 3 years of weekly data the BC/NXH correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.53 over 3. The 5-year figure is 0.49, and annualized covariance runs at 1590.1 %².
Among the 58 assets we track against BC, NXH ranks #32 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BC ahead by 78.5 points (+21.7% versus -56.8%). Risk is not evenly split, since NXH carries 2.3 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.
BC vs NXH: side by side
| BC (Brunswick Corporation) | NXH (Neighborhood Intelligence, Inc.) | |
|---|---|---|
| 1-year return | +21.7% | -56.8% |
| 5-year return | -15.3% | -94.6% |
| Volatility (ann.) | 35.8% | 84.1% |
| Beta vs S&P 500 | 1.22 | 2.56 |
| Max drawdown (3Y) | -56.5% | -89.8% |
| Market cap | $5.0B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 2.18% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BC | NXH |
|---|---|---|
| 2022 | -27.1% | -67.2% |
| 2023 | +36.9% | +43.0% |
| 2024 | -31.8% | -82.2% |
| 2025 | +18.1% | +10.8% |
| 2026 | +6.2% | -27.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BC and NXH good diversifiers for each other?
Only partially. A correlation of 0.53 means BC and NXH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BC and NXH?
The BC/NXH correlation stands at 0.53 on a 3-year window (1 year: 0.56, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is NXH a good diversifier for BC?
Only partially. A correlation of 0.53 means BC and NXH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/bc-vs-nxh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bc-vs-nxh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BC correlations · NXH correlations
