BESS vs ORIC: Correlation
Bimergen Energy Corporation (BESS) and Oric Pharmaceuticals, Inc. (ORIC) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and ORIC?
On 3 years of weekly data the BESS/ORIC correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.01) than the 3-year average (-0.23). The 5-year figure is -0.16, and annualized covariance runs at -98633.1 %².
By 3-year correlation, ORIC places #30 of the 51 assets tracked against BESS. The last year tells two different stories: ORIC led by 84.3 percentage points, -50.4% for BESS against +33.9% for ORIC. One caveat on sizing: BESS is 62.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 ORIC: side by side
| BESS (Bimergen Energy Corporation) | ORIC (Oric Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -50.4% | +33.9% |
| 5-year return | -87.7% | -38.1% |
| Volatility (ann.) | 5140.2% | 82.6% |
| Beta vs S&P 500 | 17.01 | 1.30 |
| Max drawdown (3Y) | -99.5% | -73.5% |
| Market cap | – | $1.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BESS | ORIC |
|---|---|---|
| 2022 | -30.0% | -59.9% |
| 2023 | -14.3% | +56.2% |
| 2024 | +16.7% | -12.3% |
| 2025 | +7.1% | +1.4% |
| 2026 | -70.5% | +68.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and ORIC good diversifiers for each other?
Yes. With a correlation of -0.23, BESS and ORIC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BESS and ORIC?
As of 2026-08-27, the correlation of weekly returns between BESS and ORIC is -0.23 over 3 years, -0.01 over 1 year and -0.16 over 5 years.
Is ORIC a good diversifier for BESS?
Yes. With a correlation of -0.23, BESS and ORIC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bess-vs-oric.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bess-vs-oric/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BESS correlations · ORIC correlations
