BCO vs HLMN: Correlation
How closely do Brinks Company (The) (BCO) and Hillman Solutions Corp. (HLMN) 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 BCO and HLMN?
On 3 years of weekly data the BCO/HLMN correlation comes out at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.30) runs below the 3-year figure (0.53). The 5-year figure is 0.36, and annualized covariance runs at 598.3 %².
In BCO's tracked universe of 12 assets, HLMN sits right near the top at #3. The last year tells two different stories: BCO led by 19.5 percentage points, -1.8% for BCO against -21.3% for HLMN.
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.
BCO vs HLMN: side by side
| BCO (Brinks Company (The)) | HLMN (Hillman Solutions Corp.) | |
|---|---|---|
| 1-year return | -1.8% | -21.3% |
| 5-year return | +48.9% | -33.4% |
| Volatility (ann.) | 30.5% | 36.7% |
| Beta vs S&P 500 | 0.85 | 1.01 |
| Max drawdown (3Y) | -31.9% | -42.3% |
| Market cap | $4.5B | $1.5B |
| P/E (trailing) | 25.8 | 39.2 |
| Dividend yield | 0.91% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCO | HLMN |
|---|---|---|
| 2022 | -17.0% | -32.9% |
| 2023 | +65.9% | +27.7% |
| 2024 | +6.5% | +5.8% |
| 2025 | +27.2% | -11.1% |
| 2026 | -5.6% | -9.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCO and HLMN good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BCO and HLMN?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.30 over the last year and 0.36 over 5 years.
Is HLMN a good diversifier for BCO?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
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/bco-vs-hlmn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bco-vs-hlmn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BCO correlations · HLMN correlations
