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BESS vs WST: Correlation

Bimergen Energy Corporation (BESS) and West Pharmaceutical Services (WST) show a negative relationship: their 3-year correlation of weekly returns is -0.50.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.50
negative
Correlation (1Y)
-0.06
last 12 months
Correlation (5Y)
-0.39
long-run
Ann. covariance
-99598.4
%² · weekly, annualized

How correlated are BESS and WST?

On 3 years of weekly data the BESS/WST correlation comes out at -0.50, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.50 over 3 years. The 5-year figure is -0.39, and annualized covariance runs at -99598.4 %².

Out of 51 assets tracked against BESS, WST lands near the bottom at #51. The last year tells two different stories: WST led by 91.5 percentage points, -50.4% for BESS against +41.1% for WST. Risk is not evenly split, since BESS carries 133.2 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 WST: side by side

BESS (Bimergen Energy Corporation)WST (West Pharmaceutical Services)
1-year return-50.4%+41.1%
5-year return-87.7%-22.4%
Volatility (ann.)5140.2%38.6%
Beta vs S&P 50017.010.86
Max drawdown (3Y)-99.5%-53.8%
Market cap$24.4B
P/E (trailing)44.8
Dividend yield0.00%0.25%
Sector / categoryUS ListedHealth Care
Higher yield: WST 0.25% vs 0.00%Smaller drawdown: WST -53.8% vs -99.5%Higher 5y return: WST -22.4% vs -87.7%
-61%0%+80%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BESS · WST

Year-by-year returns

YearBESSWST
2022-30.0%-49.7%
2023-14.3%+50.0%
2024+16.7%-6.8%
2025+7.1%-15.7%
2026-70.5%+26.1%

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

Are BESS and WST good diversifiers for each other?

By historical standards, yes. A correlation of -0.50 means the two rarely move for the same reasons.

FAQ

What is the correlation between BESS and WST?

As of 2026-08-27, the correlation of weekly returns between BESS and WST is -0.50 over 3 years, -0.06 over 1 year and -0.39 over 5 years.

Is WST a good diversifier for BESS?

By historical standards, yes. A correlation of -0.50 means the two rarely move for the same reasons.

What does a correlation of -0.50 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bess-vs-wst.json

BESS vs WST: 3-year weekly correlation -0.50BESS vs WST-0.50

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Related comparisons

Hubs: BESS correlations · WST correlations