CC vs RYAM: Correlation
Chemours Company (The) (CC) and Rayonier Advanced Materials Inc. (RYAM) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CC and RYAM?
On 3 years of weekly data the CC/RYAM correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.42 over 3. The 5-year figure is 0.36, and annualized covariance runs at 1510.3 %².
By 3-year correlation, RYAM places #7 of the 13 assets tracked against CC. Correlation aside, the last 12 months split them widely, with RYAM ahead by 53.0 points (+6.5% versus +59.5%).
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.
CC vs RYAM: side by side
| CC (Chemours Company (The)) | RYAM (Rayonier Advanced Materials Inc.) | |
|---|---|---|
| 1-year return | +6.5% | +59.5% |
| 5-year return | -44.8% | +22.2% |
| Volatility (ann.) | 59.7% | 60.5% |
| Beta vs S&P 500 | 1.61 | 1.27 |
| Max drawdown (3Y) | -70.9% | -63.7% |
| Market cap | $2.4B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 2.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CC | RYAM |
|---|---|---|
| 2022 | -6.0% | +68.1% |
| 2023 | +6.5% | -57.8% |
| 2024 | -44.0% | +103.7% |
| 2025 | -27.6% | -28.6% |
| 2026 | +36.6% | +43.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CC and RYAM good diversifiers for each other?
Reasonably. At 0.42, CC and RYAM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CC and RYAM?
The CC/RYAM correlation stands at 0.42 on a 3-year window (1 year: 0.45, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is RYAM a good diversifier for CC?
Reasonably. At 0.42, CC and RYAM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/cc-vs-ryam.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cc-vs-ryam/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CC correlations · RYAM correlations
