BEEP vs BRID: Correlation
Measured on weekly returns over the past three years, Mobile Infrastructure Corporation (BEEP) and Bridgford Foods Corporation (BRID) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEEP and BRID?
Over the past 3 years, BEEP and BRID moved with a correlation of 0.33, which is moderate. Recent behaviour matches the longer record: 0.24 over 1 year against 0.33 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 768.3 %².
Among the 11 assets we track against BEEP, BRID ranks #6 by 3-year correlation. Their 12-month results are close: -21.3% for BEEP against -17.9% for BRID. Note the risk asymmetry: BEEP runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BEEP vs BRID: side by side
| BEEP (Mobile Infrastructure Corporation) | BRID (Bridgford Foods Corporation) | |
|---|---|---|
| 1-year return | -21.3% | -17.9% |
| 5-year return | n/a | -53.4% |
| Volatility (ann.) | 69.9% | 33.3% |
| Beta vs S&P 500 | 1.14 | 0.31 |
| Max drawdown (3Y) | -86.7% | -54.0% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEEP | BRID |
|---|---|---|
| 2022 | – | -1.6% |
| 2023 | – | -7.7% |
| 2024 | +11.1% | -2.2% |
| 2025 | -43.3% | -27.5% |
| 2026 | +17.6% | -21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEEP and BRID good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BEEP and BRID?
As of 2026-08-27, the correlation of weekly returns between BEEP and BRID is 0.33 over 3 years, 0.24 over 1 year and n/a over 5 years.
Is BRID a good diversifier for BEEP?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/beep-vs-brid.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/beep-vs-brid/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BEEP correlations · BRID correlations
