BOXL vs YYAI: Correlation
How closely do Boxlight Corporation (BOXL) and AiRWA Inc. (YYAI) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOXL and YYAI?
Across a 3-year window, the weekly returns of BOXL and YYAI correlate at 0.53, moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.53). Stretching to 5 years gives 0.48, with an annualized covariance of 59004.7 %².
In BOXL's tracked universe of 10 assets, YYAI sits right near the top at #2. Over the last 12 months BOXL came out ahead by 9.2 percentage points (-90.8% against -100.0%). Risk is not evenly split, since YYAI carries 6.4 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.
BOXL vs YYAI: side by side
| BOXL (Boxlight Corporation) | YYAI (AiRWA Inc.) | |
|---|---|---|
| 1-year return | -90.8% | -100.0% |
| 5-year return | -99.8% | -100.0% |
| Volatility (ann.) | 131.7% | 848.8% |
| Beta vs S&P 500 | 1.16 | -0.53 |
| Max drawdown (3Y) | -99.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOXL | YYAI |
|---|---|---|
| 2022 | -77.5% | -98.6% |
| 2023 | -57.0% | -97.8% |
| 2024 | -64.3% | -69.5% |
| 2025 | -85.2% | -98.7% |
| 2026 | -40.2% | -96.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOXL and YYAI good diversifiers for each other?
Only partially. A correlation of 0.53 means BOXL and YYAI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BOXL and YYAI?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.71 over the last year and 0.48 over 5 years.
Is YYAI a good diversifier for BOXL?
Only partially. A correlation of 0.53 means BOXL and YYAI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
A reading of 0.53 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/boxl-vs-yyai.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/boxl-vs-yyai/)
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Related comparisons
Hubs: BOXL correlations · YYAI correlations
