BESS vs ODYS: Correlation
Bimergen Energy Corporation (BESS) and Odysight.ai Inc. (ODYS) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and ODYS?
Across a 3-year window, the weekly returns of BESS and ODYS correlate at -0.28, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.04) runs above the 3-year figure (-0.28). Stretching to 5 years gives -0.15, with an annualized covariance of -122406.8 %².
Among the 51 assets we track against BESS, ODYS ranks #38 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ODYS ahead by 50.1 points (-50.4% versus -0.3%). Risk is not evenly split, since BESS carries 60.0 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 ODYS: side by side
| BESS (Bimergen Energy Corporation) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -50.4% | -0.3% |
| 5-year return | -87.7% | -63.1% |
| Volatility (ann.) | 5140.2% | 85.6% |
| Beta vs S&P 500 | 17.01 | 0.24 |
| Max drawdown (3Y) | -99.5% | -71.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BESS | ODYS |
|---|---|---|
| 2022 | -30.0% | -37.5% |
| 2023 | -14.3% | -39.0% |
| 2024 | +16.7% | +162.3% |
| 2025 | +7.1% | -58.8% |
| 2026 | -70.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and ODYS good diversifiers for each other?
Yes. With a correlation of -0.28, BESS and ODYS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BESS and ODYS?
The BESS/ODYS correlation stands at -0.28 on a 3-year window (1 year: 0.04, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is ODYS a good diversifier for BESS?
Yes. With a correlation of -0.28, BESS and ODYS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 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-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bess-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BESS correlations · ODYS correlations
