BNC vs RVSB: Correlation
Measured on weekly returns over the past three years, CEA Industries Inc. (BNC) and Riverview Bancorp Inc (RVSB) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNC and RVSB?
Over the past 3 years, BNC and RVSB moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.38 over 1 year against -0.28 over 3. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -858.7 %².
Among the 37 assets we track against BNC, RVSB sits near the bottom by co-movement, at rank #33. The last year tells two different stories: RVSB led by 89.2 percentage points, -86.1% for BNC against +3.1% for RVSB. Note the risk asymmetry: BNC runs 4.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BNC vs RVSB: side by side
| BNC (CEA Industries Inc.) | RVSB (Riverview Bancorp Inc) | |
|---|---|---|
| 1-year return | -86.1% | +3.1% |
| 5-year return | -97.4% | -17.9% |
| Volatility (ann.) | 120.4% | 25.6% |
| Beta vs S&P 500 | -0.47 | 0.17 |
| Max drawdown (3Y) | -96.5% | -42.5% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 1.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNC | RVSB |
|---|---|---|
| 2022 | -82.5% | +3.2% |
| 2023 | -34.9% | -13.1% |
| 2024 | +23.7% | -7.4% |
| 2025 | -20.9% | -11.3% |
| 2026 | -53.1% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNC and RVSB 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 BNC and RVSB?
As of 2026-08-27, the correlation of weekly returns between BNC and RVSB is -0.28 over 3 years, -0.38 over 1 year and -0.14 over 5 years.
Is RVSB a good diversifier for BNC?
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
$ curl https://www.pairbook.io/api/v1/pairs/bnc-vs-rvsb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bnc-vs-rvsb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BNC correlations · RVSB correlations
