BESS vs CALM: Correlation
Bimergen Energy Corporation (BESS) and Cal-Maine Foods, Inc. (CALM) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and CALM?
Over the past 3 years, BESS and CALM moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.06) runs above the 3-year figure (-0.24). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -37804.6 %².
Within BESS's tracked universe of 51 assets, CALM comes in at #34 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CALM ahead by 20.7 points (-50.4% versus -29.7%). Risk is not evenly split, since BESS carries 168.5 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 CALM: side by side
| BESS (Bimergen Energy Corporation) | CALM (Cal-Maine Foods, Inc.) | |
|---|---|---|
| 1-year return | -50.4% | -29.7% |
| 5-year return | -87.7% | +187.0% |
| Volatility (ann.) | 5140.2% | 30.5% |
| Beta vs S&P 500 | 17.01 | 0.35 |
| Max drawdown (3Y) | -99.5% | -37.0% |
| Market cap | – | $3.7B |
| P/E (trailing) | – | 12.5 |
| Dividend yield | 0.00% | 2.96% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BESS | CALM |
|---|---|---|
| 2022 | -30.0% | +51.9% |
| 2023 | -14.3% | +14.5% |
| 2024 | +16.7% | +87.0% |
| 2025 | +7.1% | -15.6% |
| 2026 | -70.5% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and CALM good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between BESS and CALM?
As of 2026-08-27, the correlation of weekly returns between BESS and CALM is -0.24 over 3 years, -0.06 over 1 year and -0.17 over 5 years.
Is CALM a good diversifier for BESS?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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.
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Related comparisons
Hubs: BESS correlations · CALM correlations
