PairBook
HomeBESS › BESS vs BMRA

BESS vs BMRA: Correlation

Bimergen Energy Corporation (BESS) and Biomerica, Inc. (BMRA) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.17
last 12 months
Correlation (5Y)
0.31
long-run
Ann. covariance
180017.4
%² · weekly, annualized

How correlated are BESS and BMRA?

On 3 years of weekly data the BESS/BMRA correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.36). The 5-year figure is 0.31, and annualized covariance runs at 180017.4 %².

By 3-year correlation, BMRA places #15 of the 51 assets tracked against BESS. Correlation aside, the last 12 months split them widely, with BMRA ahead by 17.1 points (-50.4% versus -33.3%). Risk is not evenly split, since BESS carries 52.5 times the volatility of the other side.

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.

BESS vs BMRA: side by side

BESS (Bimergen Energy Corporation)BMRA (Biomerica, Inc.)
1-year return-50.4%-33.3%
5-year return-87.7%-94.0%
Volatility (ann.)5140.2%97.9%
Beta vs S&P 50017.011.49
Max drawdown (3Y)-99.5%-88.7%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BMRA -88.7% vs -99.5%Higher 5y return: BESS -87.7% vs -94.0%
-61%0%+80%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BESS · BMRA

Year-by-year returns

YearBESSBMRA
2022-30.0%-13.9%
2023-14.3%-62.7%
2024+16.7%-76.0%
2025+7.1%+5.0%
2026-70.5%-16.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BESS and BMRA good diversifiers for each other?

Reasonably. At 0.36, BESS and BMRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BESS and BMRA?

As of 2026-08-27, the correlation of weekly returns between BESS and BMRA is 0.36 over 3 years, 0.17 over 1 year and 0.31 over 5 years.

Is BMRA a good diversifier for BESS?

Reasonably. At 0.36, BESS and BMRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.36 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bess-vs-bmra.json

BESS vs BMRA: 3-year weekly correlation 0.36BESS vs BMRA0.36

Embed this badge (it refreshes with the data), with attribution:

[![BESS vs BMRA correlation](https://www.pairbook.io/api/v1/badge/bess-vs-bmra.svg)](https://www.pairbook.io/pair/bess-vs-bmra/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: BESS correlations · BMRA correlations