BCPC vs COST: Correlation
Balchem Corporation (BCPC) and Costco (COST) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCPC and COST?
On 3 years of weekly data the BCPC/COST correlation comes out at 0.40, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.40 over 3. The 5-year figure is 0.45, and annualized covariance runs at 178.2 %².
Among the 14 assets we track against BCPC, COST ranks #9 by 3-year correlation. On 12-month performance BCPC holds a 10.6-point edge, +9.6% against -1.0%.
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.
BCPC vs COST: side by side
| BCPC (Balchem Corporation) | COST (Costco) | |
|---|---|---|
| 1-year return | +9.6% | -1.0% |
| 5-year return | +31.0% | +116.3% |
| Volatility (ann.) | 22.7% | 19.8% |
| Beta vs S&P 500 | 0.57 | 0.45 |
| Max drawdown (3Y) | -23.1% | -20.7% |
| Market cap | $5.7B | $414.5B |
| P/E (trailing) | 35.4 | 48.1 |
| Dividend yield | 0.53% | 0.56% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BCPC | COST |
|---|---|---|
| 2022 | -27.1% | -19.0% |
| 2023 | +22.5% | +49.0% |
| 2024 | +10.2% | +39.6% |
| 2025 | -5.3% | -5.4% |
| 2026 | +16.0% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCPC and COST good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BCPC and COST?
The BCPC/COST correlation stands at 0.40 on a 3-year window (1 year: 0.42, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is COST a good diversifier for BCPC?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 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.
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Related comparisons
Hubs: BCPC correlations · COST correlations
