BLNE vs PSIX: Correlation
Measured on weekly returns over the past three years, Beeline Holdings, Inc. (BLNE) and Power Solutions International, Inc. (PSIX) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLNE and PSIX?
Across a 3-year window, the weekly returns of BLNE and PSIX correlate at 0.30, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.56 versus 0.30 over 3 years. Stretching to 5 years gives 0.21, with an annualized covariance of 4244.3 %².
Among the 19 assets we track against BLNE, PSIX ranks #6 by 3-year correlation. The last year tells two different stories: BLNE led by 17.4 percentage points, -36.2% for BLNE against -53.6% for PSIX.
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.
BLNE vs PSIX: side by side
| BLNE (Beeline Holdings, Inc.) | PSIX (Power Solutions International, Inc.) | |
|---|---|---|
| 1-year return | -36.2% | -53.6% |
| 5-year return | -99.8% | +670.8% |
| Volatility (ann.) | 136.3% | 104.2% |
| Beta vs S&P 500 | 0.59 | 2.68 |
| Max drawdown (3Y) | -96.7% | -78.0% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | 12.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLNE | PSIX |
|---|---|---|
| 2022 | -87.2% | +0.0% |
| 2023 | -71.8% | -31.7% |
| 2024 | -25.3% | +1351.2% |
| 2025 | -82.1% | +92.1% |
| 2026 | -42.8% | -33.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLNE and PSIX good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BLNE and PSIX?
As of 2026-08-27, the correlation of weekly returns between BLNE and PSIX is 0.30 over 3 years, 0.56 over 1 year and 0.21 over 5 years.
Is PSIX a good diversifier for BLNE?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/blne-vs-psix.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/blne-vs-psix/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLNE correlations · PSIX correlations
