BLNK vs CHPT: Correlation
How closely do Blink Charging Co. (BLNK) and ChargePoint Holdings, Inc. (CHPT) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLNK and CHPT?
On 3 years of weekly data the BLNK/CHPT correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 2871.3 %².
Within BLNK's tracked universe of 10 assets, CHPT comes in at #4 by 3-year correlation. Their 12-month results are close: -44.6% for BLNK against -49.1% for CHPT.
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.
BLNK vs CHPT: side by side
| BLNK (Blink Charging Co.) | CHPT (ChargePoint Holdings, Inc.) | |
|---|---|---|
| 1-year return | -44.6% | -49.1% |
| 5-year return | -98.2% | -98.6% |
| Volatility (ann.) | 81.5% | 76.7% |
| Beta vs S&P 500 | 1.83 | 2.40 |
| Max drawdown (3Y) | -89.4% | -97.0% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLNK | CHPT |
|---|---|---|
| 2022 | -58.6% | -50.0% |
| 2023 | -69.1% | -75.4% |
| 2024 | -59.0% | -54.3% |
| 2025 | -52.0% | -69.0% |
| 2026 | -13.6% | -12.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLNK and CHPT good diversifiers for each other?
Reasonably. At 0.46, BLNK and CHPT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BLNK and CHPT?
As of 2026-08-27, the correlation of weekly returns between BLNK and CHPT is 0.46 over 3 years, 0.48 over 1 year and 0.55 over 5 years.
Is CHPT a good diversifier for BLNK?
Reasonably. At 0.46, BLNK and CHPT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 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/blnk-vs-chpt.json
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Related comparisons
Hubs: BLNK correlations · CHPT correlations
