BSBK vs KSCP: Correlation
How closely do Bogota Financial Corp. (BSBK) and Knightscope, Inc. (KSCP) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSBK and KSCP?
On 3 years of weekly data the BSBK/KSCP correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is -0.09, and annualized covariance runs at -455.2 %².
Among the 14 assets we track against BSBK, KSCP sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with BSBK ahead by 76.0 points (-1.1% versus -77.1%). Risk is not evenly split, since KSCP carries 5.3 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.
BSBK vs KSCP: side by side
| BSBK (Bogota Financial Corp.) | KSCP (Knightscope, Inc.) | |
|---|---|---|
| 1-year return | -1.1% | -77.1% |
| 5-year return | -12.7% | -99.5% |
| Volatility (ann.) | 21.2% | 112.6% |
| Beta vs S&P 500 | 0.12 | 1.20 |
| Max drawdown (3Y) | -21.6% | -97.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | 43.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSBK | KSCP |
|---|---|---|
| 2022 | +9.8% | – |
| 2023 | -28.0% | -68.3% |
| 2024 | -6.8% | -57.9% |
| 2025 | +12.7% | -70.6% |
| 2026 | +7.9% | -62.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSBK and KSCP good diversifiers for each other?
Yes. With a correlation of -0.19, BSBK and KSCP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BSBK and KSCP?
As of 2026-08-27, the correlation of weekly returns between BSBK and KSCP is -0.19 over 3 years, -0.16 over 1 year and -0.09 over 5 years.
Is KSCP a good diversifier for BSBK?
Yes. With a correlation of -0.19, BSBK and KSCP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/bsbk-vs-kscp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bsbk-vs-kscp/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: BSBK correlations · KSCP correlations