BNC vs VRSN: Correlation
How closely do CEA Industries Inc. (BNC) and Verisign (VRSN) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNC and VRSN?
Across a 3-year window, the weekly returns of BNC and VRSN correlate at -0.28, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.28 over 3. Stretching to 5 years gives -0.14, with an annualized covariance of -771.4 %².
VRSN is close to the least connected end of BNC's tracked universe, ranking #34 of 37. Their recent paths diverged sharply: over the last 12 months VRSN outperformed by 95.7 percentage points (-86.1% for BNC against +9.6% for VRSN). Risk is not evenly split, since BNC carries 5.2 times the volatility of the other side.
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 VRSN: side by side
| BNC (CEA Industries Inc.) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -86.1% | +9.6% |
| 5-year return | -97.4% | +38.8% |
| Volatility (ann.) | 120.4% | 23.1% |
| Beta vs S&P 500 | -0.47 | 0.50 |
| Max drawdown (3Y) | -96.5% | -30.2% |
| Market cap | $0.1B | $26.6B |
| P/E (trailing) | 0.0 | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | BNC | VRSN |
|---|---|---|
| 2022 | -82.5% | -19.1% |
| 2023 | -34.9% | +0.3% |
| 2024 | +23.7% | +0.5% |
| 2025 | -20.9% | +18.4% |
| 2026 | -53.1% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNC and VRSN good diversifiers for each other?
Yes. With a correlation of -0.28, BNC and VRSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BNC and VRSN?
The BNC/VRSN correlation stands at -0.28 on a 3-year window (1 year: -0.25, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is VRSN a good diversifier for BNC?
Yes. With a correlation of -0.28, BNC and VRSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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
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Related comparisons
Hubs: BNC correlations · VRSN correlations
