BRFH vs RFAI: Correlation
Measured on weekly returns over the past three years, Barfresh Food Group Inc. (BRFH) and RF Acquisition Corp II (RFAI) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRFH and RFAI?
Across a 3-year window, the weekly returns of BRFH and RFAI correlate at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.49 versus -0.29 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -6982.7 %².
RFAI is close to the least connected end of BRFH's tracked universe, ranking #12 of 12. Correlation aside, the last 12 months split them widely, with RFAI ahead by 450.1 points (-60.6% versus +389.5%). Note the risk asymmetry: RFAI runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BRFH vs RFAI: side by side
| BRFH (Barfresh Food Group Inc.) | RFAI (RF Acquisition Corp II) | |
|---|---|---|
| 1-year return | -60.6% | +389.5% |
| 5-year return | -78.8% | n/a |
| Volatility (ann.) | 101.1% | 288.3% |
| Beta vs S&P 500 | 0.79 | -1.62 |
| Max drawdown (3Y) | -72.9% | -16.5% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 399.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRFH | RFAI |
|---|---|---|
| 2022 | -80.2% | – |
| 2023 | +22.3% | – |
| 2024 | +84.9% | – |
| 2025 | -0.3% | +5.2% |
| 2026 | -56.7% | +383.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRFH and RFAI good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRFH and RFAI?
As of 2026-08-27, the correlation of weekly returns between BRFH and RFAI is -0.29 over 3 years, -0.49 over 1 year and n/a over 5 years.
Is RFAI a good diversifier for BRFH?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brfh-vs-rfai.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: BRFH correlations · RFAI correlations
