BRBR vs CNSP: Correlation
BellRing Brands, Inc. (BRBR) and CNS Pharmaceuticals, Inc. (CNSP) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBR and CNSP?
Over the past 3 years, BRBR and CNSP moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.46) than the 3-year average (-0.26). Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -2518.4 %².
CNSP is close to the least connected end of BRBR's tracked universe, ranking #18 of 20. The last year tells two different stories: CNSP led by 62.5 percentage points, -74.8% for BRBR against -12.3% for CNSP. Risk is not evenly split, since CNSP carries 3.7 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.
BRBR vs CNSP: side by side
| BRBR (BellRing Brands, Inc.) | CNSP (CNS Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -74.8% | -12.3% |
| 5-year return | -68.8% | -100.0% |
| Volatility (ann.) | 51.5% | 191.6% |
| Beta vs S&P 500 | 0.49 | 2.85 |
| Max drawdown (3Y) | -90.0% | -100.0% |
| Market cap | $1.2B | – |
| P/E (trailing) | 7.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRBR | CNSP |
|---|---|---|
| 2022 | -10.1% | -88.6% |
| 2023 | +116.2% | -47.1% |
| 2024 | +35.9% | -99.8% |
| 2025 | -64.5% | -92.7% |
| 2026 | -61.6% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBR and CNSP good diversifiers for each other?
Yes. With a correlation of -0.26, BRBR and CNSP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BRBR and CNSP?
As of 2026-08-27, the correlation of weekly returns between BRBR and CNSP is -0.26 over 3 years, -0.46 over 1 year and -0.19 over 5 years.
Is CNSP a good diversifier for BRBR?
Yes. With a correlation of -0.26, BRBR and CNSP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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/brbr-vs-cnsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brbr-vs-cnsp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRBR correlations · CNSP correlations