BLIN vs CMPS: Correlation
Measured on weekly returns over the past three years, Bridgeline Digital, Inc. (BLIN) and COMPASS Pathways Plc - American Depository Shares (CMPS) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLIN and CMPS?
Over the past 3 years, BLIN and CMPS moved with a correlation of 0.34, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.60 versus 0.34 over 3 years. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 1630.5 %².
Few assets follow BLIN as closely as CMPS, which ranks #2 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months CMPS outperformed by 237.1 percentage points (-26.9% for BLIN against +210.2% for CMPS).
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.
BLIN vs CMPS: side by side
| BLIN (Bridgeline Digital, Inc.) | CMPS (COMPASS Pathways Plc - American Depository Shares) | |
|---|---|---|
| 1-year return | -26.9% | +210.2% |
| 5-year return | -81.9% | -55.2% |
| Volatility (ann.) | 60.1% | 79.7% |
| Beta vs S&P 500 | 0.36 | 1.72 |
| Max drawdown (3Y) | -70.2% | -81.0% |
| Market cap | – | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLIN | CMPS |
|---|---|---|
| 2022 | -53.5% | -63.7% |
| 2023 | -17.1% | +9.0% |
| 2024 | +81.6% | -56.8% |
| 2025 | -47.5% | +82.5% |
| 2026 | +19.0% | +112.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLIN and CMPS good diversifiers for each other?
Reasonably. At 0.34, BLIN and CMPS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BLIN and CMPS?
The BLIN/CMPS correlation stands at 0.34 on a 3-year window (1 year: 0.60, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is CMPS a good diversifier for BLIN?
Reasonably. At 0.34, BLIN and CMPS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 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/blin-vs-cmps.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/blin-vs-cmps/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLIN correlations · CMPS correlations
