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BNC vs SUPX: Correlation

Measured on weekly returns over the past three years, CEA Industries Inc. (BNC) and SuperX AI Technology Limited (SUPX) carry a correlation of 0.33, a moderate link.

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

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.01
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
4935.8
%² · weekly, annualized

How correlated are BNC and SUPX?

Across a 3-year window, the weekly returns of BNC and SUPX correlate at 0.33, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.01 versus 0.33 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 4935.8 %².

Among the 37 assets we track against BNC, SUPX ranks #5 by 3-year correlation. Over the last 12 months SUPX came out ahead by 9.1 percentage points (-86.1% against -77.0%).

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 SUPX: side by side

BNC (CEA Industries Inc.)SUPX (SuperX AI Technology Limited)
1-year return-86.1%-77.0%
5-year return-97.4%n/a
Volatility (ann.)120.4%115.6%
Beta vs S&P 500-0.470.01
Max drawdown (3Y)-96.5%-92.3%
Market cap$0.1B$0.4B
P/E (trailing)0.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SUPX -92.3% vs -96.5%
-90%0%+52%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BNC · SUPX

Year-by-year returns

YearBNCSUPX
2022-82.5%
2023-34.9%
2024+23.7%
2025-20.9%+318.1%
2026-53.1%-37.6%

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

Are BNC and SUPX good diversifiers for each other?

A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BNC and SUPX?

As of 2026-08-27, the correlation of weekly returns between BNC and SUPX is 0.33 over 3 years, 0.01 over 1 year and n/a over 5 years.

Is SUPX a good diversifier for BNC?

A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.33 mean?

On the −1 to +1 scale, 0.33 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.

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BNC vs SUPX: 3-year weekly correlation 0.33BNC vs SUPX0.33

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Related comparisons

Hubs: BNC correlations · SUPX correlations