BESS vs LFWD: Correlation
Bimergen Energy Corporation (BESS) and Lifeward Ltd. (LFWD) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and LFWD?
Over the past 3 years, BESS and LFWD moved with a correlation of 0.36, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.36 over 3 years. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 170373.2 %².
Among the 51 assets we track against BESS, LFWD ranks #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LFWD ahead by 48.8 points (-50.4% versus -1.6%). Note the risk asymmetry: BESS runs 56.2 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 LFWD: side by side
| BESS (Bimergen Energy Corporation) | LFWD (Lifeward Ltd.) | |
|---|---|---|
| 1-year return | -50.4% | -1.6% |
| 5-year return | -87.7% | -93.8% |
| Volatility (ann.) | 5140.2% | 91.5% |
| Beta vs S&P 500 | 17.01 | 1.20 |
| Max drawdown (3Y) | -99.5% | -95.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BESS | LFWD |
|---|---|---|
| 2022 | -30.0% | -38.2% |
| 2023 | -14.3% | +2.4% |
| 2024 | +16.7% | -68.2% |
| 2025 | +7.1% | -66.6% |
| 2026 | -70.5% | +6.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and LFWD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BESS and LFWD?
As of 2026-08-27, the correlation of weekly returns between BESS and LFWD is 0.36 over 3 years, 0.14 over 1 year and 0.32 over 5 years.
Is LFWD a good diversifier for BESS?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bess-vs-lfwd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bess-vs-lfwd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BESS correlations · LFWD correlations
