BEEP vs BXC: Correlation
How closely do Mobile Infrastructure Corporation (BEEP) and Bluelinx Holdings Inc. (BXC) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEEP and BXC?
On 3 years of weekly data the BEEP/BXC correlation comes out at 0.37, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.48 versus 0.37 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 1604.1 %².
Few assets follow BEEP as closely as BXC, which ranks #3 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with BXC ahead by 18.7 points (-21.3% versus -2.6%).
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 BXC: side by side
| BEEP (Mobile Infrastructure Corporation) | BXC (Bluelinx Holdings Inc.) | |
|---|---|---|
| 1-year return | -21.3% | -2.6% |
| 5-year return | n/a | +33.6% |
| Volatility (ann.) | 69.9% | 62.7% |
| Beta vs S&P 500 | 1.14 | 1.54 |
| Max drawdown (3Y) | -86.7% | -65.6% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEEP | BXC |
|---|---|---|
| 2022 | – | -25.7% |
| 2023 | – | +59.3% |
| 2024 | +11.1% | -9.8% |
| 2025 | -43.3% | -39.9% |
| 2026 | +17.6% | +29.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEEP and BXC good diversifiers for each other?
Reasonably. At 0.37, BEEP and BXC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BEEP and BXC?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.48 over the last year and n/a over 5 years.
Is BXC a good diversifier for BEEP?
Reasonably. At 0.37, BEEP and BXC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/beep-vs-bxc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/beep-vs-bxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BEEP correlations · BXC correlations
