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BSET vs ZVRA: Correlation

Bassett Furniture Industries, Incorporated (BSET) and Zevra Therapeutics, Inc. (ZVRA) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.

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

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.27
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
746.6
%² · weekly, annualized

How correlated are BSET and ZVRA?

On 3 years of weekly data the BSET/ZVRA correlation comes out at 0.35, moderate. Recent behaviour matches the longer record: 0.27 over 1 year against 0.35 over 3. The 5-year figure is 0.24, and annualized covariance runs at 746.6 %².

Among the 10 assets we track against BSET, ZVRA ranks #5 by 3-year correlation. On 12-month performance ZVRA holds a 7.9-point edge, +18.7% against +26.6%. One caveat on sizing: ZVRA is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

BSET vs ZVRA: side by side

BSET (Bassett Furniture Industries, Incorporated)ZVRA (Zevra Therapeutics, Inc.)
1-year return+18.7%+26.6%
5-year return+17.6%+33.0%
Volatility (ann.)34.7%61.3%
Beta vs S&P 5000.460.96
Max drawdown (3Y)-28.8%-43.5%
Market cap$0.2B$0.7B
P/E (trailing)29.912.6
Dividend yield4.21%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: ZVRA 12.6 vs 29.9Higher yield: BSET 4.21% vs 0.00%Smaller drawdown: BSET -28.8% vs -43.5%Higher 5y return: ZVRA +33.0% vs +17.6%
-14%0%+56%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BSET · ZVRA

Year-by-year returns

YearBSETZVRA
2022+15.6%-47.3%
2023-0.4%+42.7%
2024-12.1%+27.3%
2025+27.5%+7.4%
2026+16.7%+32.3%

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

Are BSET and ZVRA good diversifiers for each other?

Reasonably. At 0.35, BSET and ZVRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BSET and ZVRA?

The BSET/ZVRA correlation stands at 0.35 on a 3-year window (1 year: 0.27, 5 years: 0.24), computed from weekly returns as of 2026-08-27.

Is ZVRA a good diversifier for BSET?

Reasonably. At 0.35, BSET and ZVRA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.35 mean?

On the −1 to +1 scale, 0.35 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
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BSET vs ZVRA: 3-year weekly correlation 0.35BSET vs ZVRA0.35

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Hubs: BSET correlations · ZVRA correlations