BESS vs CVS: Correlation
How closely do Bimergen Energy Corporation (BESS) and CVS Health (CVS) 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 BESS and CVS?
Across a 3-year window, the weekly returns of BESS and CVS correlate at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.07 versus 0.37 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 64735.7 %².
By 3-year correlation, CVS places #14 of the 51 assets tracked against BESS. Correlation aside, the last 12 months split them widely, with CVS ahead by 83.7 points (-50.4% versus +33.3%). Risk is not evenly split, since BESS carries 149.4 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 CVS: side by side
| BESS (Bimergen Energy Corporation) | CVS (CVS Health) | |
|---|---|---|
| 1-year return | -50.4% | +33.3% |
| 5-year return | -87.7% | +29.6% |
| Volatility (ann.) | 5140.2% | 34.4% |
| Beta vs S&P 500 | 17.01 | 0.40 |
| Max drawdown (3Y) | -99.5% | -44.0% |
| Market cap | – | $118.8B |
| P/E (trailing) | – | 24.8 |
| Dividend yield | 0.00% | 2.82% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | BESS | CVS |
|---|---|---|
| 2022 | -30.0% | -7.6% |
| 2023 | -14.3% | -12.5% |
| 2024 | +16.7% | -40.8% |
| 2025 | +7.1% | +84.3% |
| 2026 | -70.5% | +19.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and CVS good diversifiers for each other?
Reasonably. At 0.37, BESS and CVS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BESS and CVS?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.07 over the last year and 0.32 over 5 years.
Is CVS a good diversifier for BESS?
Reasonably. At 0.37, BESS and CVS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/bess-vs-cvs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bess-vs-cvs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BESS correlations · CVS correlations
