CCC vs FA: Correlation
How closely do CCC Intelligent Solutions Holdings Inc. (CCC) and First Advantage Corporation (FA) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCC and FA?
Over the past 3 years, CCC and FA moved with a correlation of 0.52, which is moderate. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 931.3 %².
Within CCC's tracked universe of 21 assets, FA comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FA ahead by 49.7 points (-22.7% versus +27.0%).
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.
CCC vs FA: side by side
| CCC (CCC Intelligent Solutions Holdings Inc.) | FA (First Advantage Corporation) | |
|---|---|---|
| 1-year return | -22.7% | +27.0% |
| 5-year return | -30.0% | +6.1% |
| Volatility (ann.) | 39.5% | 45.8% |
| Beta vs S&P 500 | 0.83 | 1.18 |
| Max drawdown (3Y) | -68.4% | -55.9% |
| Market cap | $4.5B | $3.6B |
| P/E (trailing) | 108.6 | 139.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCC | FA |
|---|---|---|
| 2022 | -23.6% | -31.7% |
| 2023 | +30.9% | +41.5% |
| 2024 | +3.0% | +13.0% |
| 2025 | -32.2% | -22.4% |
| 2026 | -4.4% | +44.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCC and FA good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CCC and FA?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.61 over the last year and 0.45 over 5 years.
Is FA a good diversifier for CCC?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
A reading of 0.52 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/ccc-vs-fa.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ccc-vs-fa/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCC correlations · FA correlations
