BESS vs FIX: Correlation
How closely do Bimergen Energy Corporation (BESS) and Comfort Systems USA (FIX) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and FIX?
Across a 3-year window, the weekly returns of BESS and FIX correlate at -0.20, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.03 versus -0.20 over 3 years. Stretching to 5 years gives -0.17, with an annualized covariance of -49699.3 %².
Among the 51 assets we track against BESS, FIX ranks #24 by 3-year correlation. The last year tells two different stories: FIX led by 178.4 percentage points, -50.4% for BESS against +128.0% for FIX. Note the risk asymmetry: BESS runs 108.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 FIX: side by side
| BESS (Bimergen Energy Corporation) | FIX (Comfort Systems USA) | |
|---|---|---|
| 1-year return | -50.4% | +128.0% |
| 5-year return | -87.7% | +2077.9% |
| Volatility (ann.) | 5140.2% | 47.4% |
| Beta vs S&P 500 | 17.01 | 1.74 |
| Max drawdown (3Y) | -99.5% | -46.0% |
| Market cap | – | $56.8B |
| P/E (trailing) | – | 39.8 |
| Dividend yield | 0.00% | 0.16% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BESS | FIX |
|---|---|---|
| 2022 | -30.0% | +17.0% |
| 2023 | -14.3% | +79.6% |
| 2024 | +16.7% | +106.9% |
| 2025 | +7.1% | +120.9% |
| 2026 | -70.5% | +73.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and FIX good diversifiers for each other?
Yes. With a correlation of -0.20, BESS and FIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BESS and FIX?
As of 2026-08-27, the correlation of weekly returns between BESS and FIX is -0.20 over 3 years, 0.03 over 1 year and -0.17 over 5 years.
Is FIX a good diversifier for BESS?
Yes. With a correlation of -0.20, BESS and FIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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
$ curl https://www.pairbook.io/api/v1/pairs/bess-vs-fix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bess-vs-fix/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BESS correlations · FIX correlations
