BESS vs GRAL: Correlation
How closely do Bimergen Energy Corporation (BESS) and GRAIL, Inc. (GRAL) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and GRAL?
Over the past 3 years, BESS and GRAL moved with a correlation of 0.45, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.23 versus 0.45 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 278305.4 %².
Among the 51 assets we track against BESS, GRAL ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GRAL outperformed by 195.7 percentage points (-50.4% for BESS against +145.3% for GRAL). Note the risk asymmetry: BESS runs 49.5 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 GRAL: side by side
| BESS (Bimergen Energy Corporation) | GRAL (GRAIL, Inc.) | |
|---|---|---|
| 1-year return | -50.4% | +145.3% |
| 5-year return | -87.7% | n/a |
| Volatility (ann.) | 5140.2% | 103.8% |
| Beta vs S&P 500 | 17.01 | 2.60 |
| Max drawdown (3Y) | -99.5% | -62.9% |
| Market cap | – | $3.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BESS | GRAL |
|---|---|---|
| 2022 | -30.0% | – |
| 2023 | -14.3% | – |
| 2024 | +16.7% | – |
| 2025 | +7.1% | +379.5% |
| 2026 | -70.5% | -3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and GRAL good diversifiers for each other?
Reasonably. At 0.45, BESS and GRAL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BESS and GRAL?
The BESS/GRAL correlation stands at 0.45 on a 3-year window (1 year: 0.23, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GRAL a good diversifier for BESS?
Reasonably. At 0.45, BESS and GRAL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 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.
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Related comparisons
Hubs: BESS correlations · GRAL correlations
