BCO vs KELYA: Correlation
Measured on weekly returns over the past three years, Brinks Company (The) (BCO) and Kelly Services, Inc. (KELYA) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCO and KELYA?
On 3 years of weekly data the BCO/KELYA correlation comes out at 0.54, moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.54). The 5-year figure is 0.46, and annualized covariance runs at 610.1 %².
KELYA is one of the assets that tracks BCO most closely: it ranks #2 out of the 12 assets we track against BCO. Their recent paths diverged sharply: over the last 12 months KELYA outperformed by 26.0 percentage points (-1.8% for BCO against +24.2% for KELYA).
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 KELYA: side by side
| BCO (Brinks Company (The)) | KELYA (Kelly Services, Inc.) | |
|---|---|---|
| 1-year return | -1.8% | +24.2% |
| 5-year return | +48.9% | -5.4% |
| Volatility (ann.) | 30.5% | 37.3% |
| Beta vs S&P 500 | 0.85 | 0.73 |
| Max drawdown (3Y) | -31.9% | -66.5% |
| Market cap | $4.5B | $0.6B |
| P/E (trailing) | 25.8 | – |
| Dividend yield | 0.91% | 1.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCO | KELYA |
|---|---|---|
| 2022 | -17.0% | +2.3% |
| 2023 | +65.9% | +30.0% |
| 2024 | +6.5% | -34.5% |
| 2025 | +27.2% | -35.2% |
| 2026 | -5.6% | +98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCO and KELYA good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BCO and KELYA?
As of 2026-08-27, the correlation of weekly returns between BCO and KELYA is 0.54 over 3 years, 0.35 over 1 year and 0.46 over 5 years.
Is KELYA a good diversifier for BCO?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 mean?
A reading of 0.54 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-kelya.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bco-vs-kelya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BCO correlations · KELYA correlations
