Bimergen Energy Corporation (BESS) — Stock Correlations & Overview
Over the past year, BESS has moved most closely with GRAL, LRMR, APWC. Explore the stocks most correlated and inversely correlated with BESS below, along with its price, financials, and company profile.
Stocks correlated with BESS
Correlation of daily returns. Higher positive values move with BESS; negative values move opposite it. Informational only, not investment advice.
Most correlated with BESS
| Symbol | Company | Correlation |
|---|---|---|
| GRAL | GRAIL, Inc. Common StockSERVICES-MEDICAL LABORATORIES | 0.28 |
| LRMR | Larimar Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.28 |
| APWC | Asia Pacific Wire & Cable Corp | 0.27 |
| MTUS | Metallus Inc.STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) | 0.27 |
| OCG | Oriental Culture Holding LTD Ordinary Shares | 0.27 |
Most inversely correlated with BESS
| Symbol | Company | Correlation |
|---|---|---|
| RNG | RINGCENTRAL, INC.SERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.24 |
| TLSI | TriSalus Life Sciences, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.24 |
| TNDM | Tandem Diabetes Care, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.24 |
| JAKK | Jakks Pacific IncGAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) | -0.23 |
| TSMZ | Direxion Shares ETF Trust Direxion Daily TSM Bear 1X ETF | -0.22 |
Frequently asked questions about BESS correlations
- Which stocks are most correlated with BESS?
- Based on one year of daily returns, the stocks most correlated with Bimergen Energy Corporation (BESS) are GRAL (0.28), LRMR (0.28) and APWC (0.27). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with BESS?
- Over the past year, the stocks most inversely correlated with Bimergen Energy Corporation (BESS) are RNG (-0.24), TLSI (-0.24) and TNDM (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these BESS correlations calculated?
- We compute the correlation of daily returns between BESS and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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