CCSI vs CIRC: Correlation
Consensus Cloud Solutions, Inc. (CCSI) and Circle8 Group, Inc. (CIRC) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCSI and CIRC?
Across a 3-year window, the weekly returns of CCSI and CIRC correlate at 0.37, moderate. The past 12 months show a weaker link (-0.05) than the 3-year average (0.37). Stretching to 5 years gives 0.31, with an annualized covariance of 5124.2 %².
By 3-year correlation, CIRC places #7 of the 16 assets tracked against CCSI. Their recent paths diverged sharply: over the last 12 months CCSI outperformed by 132.9 percentage points (+49.4% for CCSI against -83.5% for CIRC). One caveat on sizing: CIRC is 3.1 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.
CCSI vs CIRC: side by side
| CCSI (Consensus Cloud Solutions, Inc.) | CIRC (Circle8 Group, Inc.) | |
|---|---|---|
| 1-year return | +49.4% | -83.5% |
| 5-year return | +11.8% | -99.7% |
| Volatility (ann.) | 66.1% | 207.6% |
| Beta vs S&P 500 | 1.27 | -0.24 |
| Max drawdown (3Y) | -63.8% | -98.0% |
| Market cap | $0.7B | $0.1B |
| P/E (trailing) | 7.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCSI | CIRC |
|---|---|---|
| 2022 | -7.1% | -84.4% |
| 2023 | -51.2% | -64.5% |
| 2024 | -9.0% | +18.2% |
| 2025 | -8.5% | -72.7% |
| 2026 | +82.6% | -46.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCSI and CIRC good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CCSI and CIRC?
As of 2026-08-27, the correlation of weekly returns between CCSI and CIRC is 0.37 over 3 years, -0.05 over 1 year and 0.31 over 5 years.
Is CIRC a good diversifier for CCSI?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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/ccsi-vs-circ.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ccsi-vs-circ/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCSI correlations · CIRC correlations
