BEEP vs KRO: Correlation
Mobile Infrastructure Corporation (BEEP) and Kronos Worldwide Inc (KRO) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEEP and KRO?
Across a 3-year window, the weekly returns of BEEP and KRO correlate at 0.35, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.47 versus 0.35 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 1363.6 %².
Within BEEP's tracked universe of 11 assets, KRO comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KRO ahead by 66.9 points (-21.3% versus +45.6%).
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 KRO: side by side
| BEEP (Mobile Infrastructure Corporation) | KRO (Kronos Worldwide Inc) | |
|---|---|---|
| 1-year return | -21.3% | +45.6% |
| 5-year return | n/a | -15.4% |
| Volatility (ann.) | 69.9% | 55.0% |
| Beta vs S&P 500 | 1.14 | 1.47 |
| Max drawdown (3Y) | -86.7% | -68.7% |
| Market cap | $0.1B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 2.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEEP | KRO |
|---|---|---|
| 2022 | – | -33.7% |
| 2023 | – | +14.9% |
| 2024 | +11.1% | +2.5% |
| 2025 | -43.3% | -53.1% |
| 2026 | +17.6% | +101.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEEP and KRO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BEEP and KRO?
The BEEP/KRO correlation stands at 0.35 on a 3-year window (1 year: 0.47, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is KRO a good diversifier for BEEP?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/beep-vs-kro.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/beep-vs-kro/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BEEP correlations · KRO correlations
