BCO vs IOSP: Correlation
How closely do Brinks Company (The) (BCO) and Innospec Inc. (IOSP) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCO and IOSP?
Across a 3-year window, the weekly returns of BCO and IOSP correlate at 0.52, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. Stretching to 5 years gives 0.46, with an annualized covariance of 424.3 %².
Among the 12 assets we track against BCO, IOSP ranks #4 by 3-year correlation. Over the last 12 months IOSP came out ahead by 13.1 percentage points (-1.8% against +11.3%).
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 IOSP: side by side
| BCO (Brinks Company (The)) | IOSP (Innospec Inc.) | |
|---|---|---|
| 1-year return | -1.8% | +11.3% |
| 5-year return | +48.9% | +10.2% |
| Volatility (ann.) | 30.5% | 26.6% |
| Beta vs S&P 500 | 0.85 | 0.94 |
| Max drawdown (3Y) | -31.9% | -48.4% |
| Market cap | $4.5B | $2.3B |
| P/E (trailing) | 25.8 | 19.5 |
| Dividend yield | 0.91% | 1.87% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCO | IOSP |
|---|---|---|
| 2022 | -17.0% | +15.2% |
| 2023 | +65.9% | +21.5% |
| 2024 | +6.5% | -9.6% |
| 2025 | +27.2% | -28.9% |
| 2026 | -5.6% | +26.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCO and IOSP good diversifiers for each other?
Only partially. A correlation of 0.52 means BCO and IOSP 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 BCO and IOSP?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.44 over the last year and 0.46 over 5 years.
Is IOSP a good diversifier for BCO?
Only partially. A correlation of 0.52 means BCO and IOSP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 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/bco-vs-iosp.json
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Related comparisons
Hubs: BCO correlations · IOSP correlations
