BESS vs PZZA: Correlation
How closely do Bimergen Energy Corporation (BESS) and Papa John's International, Inc. (PZZA) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BESS and PZZA?
Over the past 3 years, BESS and PZZA moved with a correlation of 0.38, which is moderate. The past 12 months show a weaker link (0.27) than the 3-year average (0.38). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 93213.2 %².
Within BESS's tracked universe of 51 assets, PZZA comes in at #13 by 3-year correlation. Twelve-month performance is nearly a tie, at -50.4% for BESS and -50.3% for PZZA. Risk is not evenly split, since BESS carries 106.4 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 PZZA: side by side
| BESS (Bimergen Energy Corporation) | PZZA (Papa John's International, Inc.) | |
|---|---|---|
| 1-year return | -50.4% | -50.3% |
| 5-year return | -87.7% | -78.5% |
| Volatility (ann.) | 5140.2% | 48.3% |
| Beta vs S&P 500 | 17.01 | 0.83 |
| Max drawdown (3Y) | -99.5% | -66.8% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 29.0 |
| Dividend yield | 0.00% | 7.79% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BESS | PZZA |
|---|---|---|
| 2022 | -30.0% | -37.3% |
| 2023 | -14.3% | -5.3% |
| 2024 | +16.7% | -44.2% |
| 2025 | +7.1% | -2.0% |
| 2026 | -70.5% | -38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BESS and PZZA good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BESS and PZZA?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.27 over the last year and 0.32 over 5 years.
Is PZZA a good diversifier for BESS?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 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-pzza.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bess-vs-pzza/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BESS correlations · PZZA correlations
