AXP vs CIIT: Correlation
How closely do American Express (AXP) and Tianci International, Inc. (CIIT) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXP and CIIT?
On 3 years of weekly data the AXP/CIIT correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.31) runs below the 3-year figure (-0.20). The 5-year figure is -0.14, and annualized covariance runs at -3607.1 %².
Within AXP's tracked universe of 35 assets, CIIT comes in at #30 by 3-year correlation. The last year tells two different stories: AXP led by 39.2 percentage points, +4.7% for AXP against -34.5% for CIIT. One caveat on sizing: CIIT is 25.3 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.
AXP vs CIIT: side by side
| AXP (American Express) | CIIT (Tianci International, Inc.) | |
|---|---|---|
| 1-year return | +4.7% | -34.5% |
| 5-year return | +116.2% | -77.6% |
| Volatility (ann.) | 26.6% | 673.6% |
| Beta vs S&P 500 | 1.20 | -2.24 |
| Max drawdown (3Y) | -28.8% | -99.2% |
| Market cap | $225.7B | – |
| P/E (trailing) | 20.4 | – |
| Dividend yield | 1.05% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AXP | CIIT |
|---|---|---|
| 2022 | -8.5% | +36.4% |
| 2023 | +28.7% | -44.8% |
| 2024 | +60.3% | +383.1% |
| 2025 | +26.0% | -91.7% |
| 2026 | -8.9% | +41.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXP and CIIT good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AXP and CIIT?
The AXP/CIIT correlation stands at -0.20 on a 3-year window (1 year: -0.31, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is CIIT a good diversifier for AXP?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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
$ curl https://www.pairbook.io/api/v1/pairs/axp-vs-ciit.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/axp-vs-ciit/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AXP correlations · CIIT correlations
