BRZE vs PAYS: Correlation
How closely do Braze, Inc. (BRZE) and Paysign, Inc. (PAYS) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRZE and PAYS?
Over the past 3 years, BRZE and PAYS moved with a correlation of 0.44, which is moderate. The link has tightened recently: the 1-year correlation (0.58) runs above the 3-year figure (0.44). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 2024.9 %².
Among the 12 assets we track against BRZE, PAYS ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PAYS outperformed by 121.2 percentage points (+28.0% for BRZE against +149.2% for PAYS).
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.
BRZE vs PAYS: side by side
| BRZE (Braze, Inc.) | PAYS (Paysign, Inc.) | |
|---|---|---|
| 1-year return | +28.0% | +149.2% |
| 5-year return | -63.5% | +430.6% |
| Volatility (ann.) | 56.3% | 81.0% |
| Beta vs S&P 500 | 1.29 | 1.60 |
| Max drawdown (3Y) | -73.6% | -64.6% |
| Market cap | $3.8B | $0.7B |
| P/E (trailing) | – | 50.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRZE | PAYS |
|---|---|---|
| 2022 | -64.6% | +61.2% |
| 2023 | +94.8% | +8.5% |
| 2024 | -21.2% | +7.9% |
| 2025 | -18.1% | +70.5% |
| 2026 | -0.6% | +155.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRZE and PAYS good diversifiers for each other?
Reasonably. At 0.44, BRZE and PAYS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRZE and PAYS?
As of 2026-08-27, the correlation of weekly returns between BRZE and PAYS is 0.44 over 3 years, 0.58 over 1 year and 0.39 over 5 years.
Is PAYS a good diversifier for BRZE?
Reasonably. At 0.44, BRZE and PAYS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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
$ curl https://www.pairbook.io/api/v1/pairs/brze-vs-pays.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brze-vs-pays/)
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Related comparisons
Hubs: BRZE correlations · PAYS correlations
