BULL vs NSTS: Correlation
Measured on weekly returns over the past three years, Webull Corporation - Class A (BULL) and NSTS Bancorp, Inc. (NSTS) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BULL and NSTS?
On 3 years of weekly data the BULL/NSTS correlation comes out at 0.31, moderate. The link has tightened recently: the 1-year correlation (0.43) runs above the 3-year figure (0.31). The 5-year figure is 0.28, and annualized covariance runs at 479.3 %².
By 3-year correlation, NSTS places #9 of the 16 assets tracked against BULL. Correlation aside, the last 12 months split them widely, with NSTS ahead by 51.6 points (-33.7% versus +17.9%). Risk is not evenly split, since BULL carries 4.2 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.
BULL vs NSTS: side by side
| BULL (Webull Corporation - Class A) | NSTS (NSTS Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -33.7% | +17.9% |
| 5-year return | n/a | +11.4% |
| Volatility (ann.) | 80.3% | 19.0% |
| Beta vs S&P 500 | 0.42 | 0.01 |
| Max drawdown (3Y) | -92.6% | -18.5% |
| Market cap | $5.1B | $0.1B |
| P/E (trailing) | 15.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BULL | NSTS |
|---|---|---|
| 2023 | +6.3% | -6.1% |
| 2024 | +7.4% | +24.1% |
| 2025 | -33.2% | +9.7% |
| 2026 | +23.2% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BULL and NSTS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BULL and NSTS?
The BULL/NSTS correlation stands at 0.31 on a 3-year window (1 year: 0.43, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is NSTS a good diversifier for BULL?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/bull-vs-nsts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bull-vs-nsts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BULL correlations · NSTS correlations
