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BRC vs STRR: Correlation

Brady Corporation (BRC) and Star Equity Holdings, Inc. (STRR) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.

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

Correlation (3Y)
0.34
moderate
Correlation (1Y)
0.39
last 12 months
Correlation (5Y)
0.19
long-run
Ann. covariance
312.3
%² · weekly, annualized

How correlated are BRC and STRR?

Over the past 3 years, BRC and STRR moved with a correlation of 0.34, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is 0.19, and the annualized covariance of weekly returns is 312.3 %².

Within BRC's tracked universe of 14 assets, STRR comes in at #8 by 3-year correlation. The trailing year gives BRC the advantage: +22.1% versus +7.6%, a 14.5-point spread.

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.

BRC vs STRR: side by side

BRC (Brady Corporation)STRR (Star Equity Holdings, Inc.)
1-year return+22.1%+7.6%
5-year return+91.6%-38.9%
Volatility (ann.)26.5%35.1%
Beta vs S&P 5000.430.69
Max drawdown (3Y)-26.1%-62.9%
Market cap
P/E (trailing)21.4
Dividend yield1.04%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: BRC 1.04% vs 0.00%Smaller drawdown: BRC -26.1% vs -62.9%Higher 5y return: BRC +91.6% vs -38.9%
-13%0%+25%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BRC · STRR

Year-by-year returns

YearBRCSTRR
2022-10.9%-22.0%
2023+26.9%-31.6%
2024+27.7%-15.8%
2025+7.6%-13.8%
2026+20.3%-9.6%

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

Are BRC and STRR good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between BRC and STRR?

Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.39 over the last year and 0.19 over 5 years.

Is STRR a good diversifier for BRC?

Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.34 mean?

A reading of 0.34 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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BRC vs STRR: 3-year weekly correlation 0.34BRC vs STRR0.34

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Related comparisons

Hubs: BRC correlations · STRR correlations