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BNKK vs CRSP: Correlation

How closely do Bonk, Inc. (BNKK) and CRISPR Therapeutics AG (CRSP) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.

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

Correlation (3Y)
0.34
moderate
Correlation (1Y)
0.41
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
2601.6
%² · weekly, annualized

How correlated are BNKK and CRSP?

Over the past 3 years, BNKK and CRSP moved with a correlation of 0.34, which is moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.34 over 3. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 2601.6 %².

By 3-year correlation, CRSP places #4 of the 10 assets tracked against BNKK. Their recent paths diverged sharply: over the last 12 months CRSP outperformed by 101.9 percentage points (-91.0% for BNKK against +10.9% for CRSP). One caveat on sizing: BNKK is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

BNKK vs CRSP: side by side

BNKK (Bonk, Inc.)CRSP (CRISPR Therapeutics AG)
1-year return-91.0%+10.9%
5-year return-97.8%-50.8%
Volatility (ann.)129.2%58.5%
Beta vs S&P 5001.492.10
Max drawdown (3Y)-99.5%-64.9%
Market cap$5.7B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: CRSP -64.9% vs -99.5%Higher 5y return: CRSP -50.8% vs -97.8%
-93%0%+33%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BNKK · CRSP

Year-by-year returns

YearBNKKCRSP
2022-13.5%-46.4%
2023+355.8%+54.0%
2024-79.5%-37.1%
2025-89.8%+33.2%
2026-48.8%+13.2%

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

Are BNKK and CRSP good diversifiers for each other?

A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BNKK and CRSP?

As of 2026-08-27, the correlation of weekly returns between BNKK and CRSP is 0.34 over 3 years, 0.41 over 1 year and 0.24 over 5 years.

Is CRSP a good diversifier for BNKK?

A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.34 mean?

On the −1 to +1 scale, 0.34 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bnkk-vs-crsp.json

BNKK vs CRSP: 3-year weekly correlation 0.34BNKK vs CRSP0.34

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Related comparisons

Hubs: BNKK correlations · CRSP correlations