CASY vs VCIG: Correlation
How closely do Casey's (CASY) and VCI Global Limited (VCIG) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CASY and VCIG?
Over the past 3 years, CASY and VCIG moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.25). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -5445.7 %².
VCIG is close to the least connected end of CASY's tracked universe, ranking #29 of 30. The last year tells two different stories: CASY led by 153.5 percentage points, +53.7% for CASY against -99.8% for VCIG. One caveat on sizing: VCIG is 26.1 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.
CASY vs VCIG: side by side
| CASY (Casey's) | VCIG (VCI Global Limited) | |
|---|---|---|
| 1-year return | +53.7% | -99.8% |
| 5-year return | +284.3% | n/a |
| Volatility (ann.) | 28.9% | 754.7% |
| Beta vs S&P 500 | 0.39 | 3.93 |
| Max drawdown (3Y) | -16.6% | -100.0% |
| Market cap | $28.2B | – |
| P/E (trailing) | 42.2 | – |
| Dividend yield | 0.28% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CASY | VCIG |
|---|---|---|
| 2022 | +14.5% | – |
| 2023 | +23.3% | – |
| 2024 | +45.0% | -98.4% |
| 2025 | +40.1% | -99.9% |
| 2026 | +38.4% | -91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CASY and VCIG good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between CASY and VCIG?
As of 2026-08-27, the correlation of weekly returns between CASY and VCIG is -0.25 over 3 years, -0.36 over 1 year and n/a over 5 years.
Is VCIG a good diversifier for CASY?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/casy-vs-vcig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/casy-vs-vcig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CASY correlations · VCIG correlations
