BESS vs IRM: Correlation
Measured on weekly returns over the past three years, Bimergen Energy Corporation (BESS) and Iron Mountain (IRM) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and IRM?
On 3 years of weekly data the BESS/IRM correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.07) runs above the 3-year figure (-0.20). The 5-year figure is -0.15, and annualized covariance runs at -31813.0 %².
By 3-year correlation, IRM places #25 of the 51 assets tracked against BESS. Correlation aside, the last 12 months split them widely, with IRM ahead by 88.5 points (-50.4% versus +38.1%). Note the risk asymmetry: BESS runs 166.9 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 IRM: side by side
| BESS (Bimergen Energy Corporation) | IRM (Iron Mountain) | |
|---|---|---|
| 1-year return | -50.4% | +38.1% |
| 5-year return | -87.7% | +219.3% |
| Volatility (ann.) | 5140.2% | 30.8% |
| Beta vs S&P 500 | 17.01 | 0.96 |
| Max drawdown (3Y) | -99.5% | -39.0% |
| Market cap | – | $36.5B |
| P/E (trailing) | – | 86.4 |
| Dividend yield | 0.00% | 2.78% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | BESS | IRM |
|---|---|---|
| 2022 | -30.0% | -0.1% |
| 2023 | -14.3% | +46.5% |
| 2024 | +16.7% | +54.5% |
| 2025 | +7.1% | -18.2% |
| 2026 | -70.5% | +50.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and IRM good diversifiers for each other?
Yes. With a correlation of -0.20, BESS and IRM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BESS and IRM?
As of 2026-08-27, the correlation of weekly returns between BESS and IRM is -0.20 over 3 years, -0.07 over 1 year and -0.15 over 5 years.
Is IRM a good diversifier for BESS?
Yes. With a correlation of -0.20, BESS and IRM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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 · IRM correlations
