BRFH vs SIFY: Correlation
Barfresh Food Group Inc. (BRFH) and Sify Technologies Limited - American Depository Shares (SIFY) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRFH and SIFY?
On 3 years of weekly data the BRFH/SIFY correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.12) than the 3-year average (-0.21). The 5-year figure is -0.05, and annualized covariance runs at -1668.8 %².
Out of 12 assets tracked against BRFH, SIFY lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with SIFY ahead by 115.5 points (-60.6% versus +54.9%).
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 SIFY: side by side
| BRFH (Barfresh Food Group Inc.) | SIFY (Sify Technologies Limited - American Depository Shares) | |
|---|---|---|
| 1-year return | -60.6% | +54.9% |
| 5-year return | -78.8% | -31.9% |
| Volatility (ann.) | 101.1% | 78.4% |
| Beta vs S&P 500 | 0.79 | 0.48 |
| Max drawdown (3Y) | -72.9% | -85.6% |
| Market cap | – | $1.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRFH | SIFY |
|---|---|---|
| 2022 | -80.2% | -64.4% |
| 2023 | +22.3% | +62.6% |
| 2024 | +84.9% | -74.5% |
| 2025 | -0.3% | +326.2% |
| 2026 | -56.7% | +21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRFH and SIFY good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRFH and SIFY?
As of 2026-08-27, the correlation of weekly returns between BRFH and SIFY is -0.21 over 3 years, 0.12 over 1 year and -0.05 over 5 years.
Is SIFY a good diversifier for BRFH?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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/brfh-vs-sify.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brfh-vs-sify/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRFH correlations · SIFY correlations
