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BESS vs STAA: Correlation

Bimergen Energy Corporation (BESS) and STAAR Surgical Company (STAA) 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

Correlation (3Y)
-0.28
negative
Correlation (1Y)
0.21
last 12 months
Correlation (5Y)
-0.21
long-run
Ann. covariance
-88510.9
%² · weekly, annualized

How correlated are BESS and STAA?

Over the past 3 years, BESS and STAA moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.21) runs above the 3-year figure (-0.28). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -88510.9 %².

Within BESS's tracked universe of 51 assets, STAA comes in at #40 by 3-year correlation. Correlation aside, the last 12 months split them widely, with STAA ahead by 31.8 points (-50.4% versus -18.6%). Risk is not evenly split, since BESS carries 83.0 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 STAA: side by side

BESS (Bimergen Energy Corporation)STAA (STAAR Surgical Company)
1-year return-50.4%-18.6%
5-year return-87.7%-85.0%
Volatility (ann.)5140.2%61.9%
Beta vs S&P 50017.010.90
Max drawdown (3Y)-99.5%-71.1%
Market cap$1.1B
P/E (trailing)279.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: STAA -71.1% vs -99.5%Higher 5y return: STAA -85.0% vs -87.7%
-61%0%+80%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BESS · STAA

Year-by-year returns

YearBESSSTAA
2022-30.0%-46.8%
2023-14.3%-35.7%
2024+16.7%-22.2%
2025+7.1%-4.9%
2026-70.5%-3.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BESS and STAA good diversifiers for each other?

By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.

FAQ

What is the correlation between BESS and STAA?

As of 2026-08-27, the correlation of weekly returns between BESS and STAA is -0.28 over 3 years, 0.21 over 1 year and -0.21 over 5 years.

Is STAA a good diversifier for BESS?

By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.

What does a correlation of -0.28 mean?

A reading of -0.28 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

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BESS vs STAA: 3-year weekly correlation -0.28BESS vs STAA-0.28

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Related comparisons

Hubs: BESS correlations · STAA correlations