BRLS vs NSP: Correlation
Borealis Foods Inc. - Class A (BRLS) and Insperity, Inc. (NSP) 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 BRLS and NSP?
On 3 years of weekly data the BRLS/NSP correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.26 over 3 years. The 5-year figure is -0.24, and annualized covariance runs at -2291.3 %².
Among the 21 assets we track against BRLS, NSP sits near the bottom by co-movement, at rank #20. The last year tells two different stories: NSP led by 63.0 percentage points, -61.7% for BRLS against +1.3% for NSP. Note the risk asymmetry: BRLS runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BRLS vs NSP: side by side
| BRLS (Borealis Foods Inc. - Class A) | NSP (Insperity, Inc.) | |
|---|---|---|
| 1-year return | -61.7% | +1.3% |
| 5-year return | -88.7% | -44.3% |
| Volatility (ann.) | 160.0% | 54.1% |
| Beta vs S&P 500 | -0.09 | 0.97 |
| Max drawdown (3Y) | -94.8% | -81.5% |
| Market cap | – | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRLS | NSP |
|---|---|---|
| 2022 | +4.6% | -1.9% |
| 2023 | +9.5% | +5.2% |
| 2024 | -47.3% | -32.1% |
| 2025 | -66.5% | -47.8% |
| 2026 | -44.5% | +40.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRLS and NSP good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRLS and NSP?
As of 2026-08-27, the correlation of weekly returns between BRLS and NSP is -0.26 over 3 years, -0.40 over 1 year and -0.24 over 5 years.
Is NSP a good diversifier for BRLS?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
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/brls-vs-nsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brls-vs-nsp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRLS correlations · NSP correlations
