CCG vs CIIT: Correlation
Measured on weekly returns over the past three years, Cheche Group Inc. - Class A (CCG) and Tianci International, Inc. (CIIT) carry a correlation of 0.97, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCG and CIIT?
On 3 years of weekly data the CCG/CIIT correlation comes out at 0.97, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.99) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1034705.5 %².
CIIT is one of the assets that tracks CCG most closely: it ranks #2 out of the 10 assets we track against CCG. Correlation aside, the last 12 months split them widely, with CCG ahead by 1895.9 points (+1861.4% versus -34.5%). One caveat on sizing: CCG is 2.3 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.
CCG vs CIIT: side by side
| CCG (Cheche Group Inc. - Class A) | CIIT (Tianci International, Inc.) | |
|---|---|---|
| 1-year return | +1861.4% | -34.5% |
| 5-year return | n/a | -77.6% |
| Volatility (ann.) | 1560.5% | 673.6% |
| Beta vs S&P 500 | -3.24 | -2.24 |
| Max drawdown (3Y) | -99.5% | -99.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCG | CIIT |
|---|---|---|
| 2022 | – | +36.4% |
| 2023 | – | -44.8% |
| 2024 | -86.2% | +383.1% |
| 2025 | -6.7% | -91.7% |
| 2026 | +1856.6% | +41.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCG and CIIT good diversifiers for each other?
No. With a correlation of 0.97, CCG and CIIT move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between CCG and CIIT?
Using weekly returns as of 2026-08-27: 0.97 over 3 years, with 0.99 over the last year and n/a over 5 years.
Is CIIT a good diversifier for CCG?
No. With a correlation of 0.97, CCG and CIIT move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.97 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/ccg-vs-ciit.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccg-vs-ciit/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCG correlations · CIIT correlations
