CCTG vs RVSN: Correlation
How closely do CCSC Technology International Holdings Limited - Class A (CCTG) and Rail Vision Ltd. (RVSN) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCTG and RVSN?
Across a 3-year window, the weekly returns of CCTG and RVSN correlate at 0.51, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.51). Stretching to 5 years gives n/a, with an annualized covariance of 28971.6 %².
Few assets follow CCTG as closely as RVSN, which ranks #1 of 10 tracked partners. Over the last 12 months CCTG came out ahead by 5.0 percentage points (-93.7% against -98.7%). Note the risk asymmetry: RVSN runs 2.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CCTG vs RVSN: side by side
| CCTG (CCSC Technology International Holdings Limited - Class A) | RVSN (Rail Vision Ltd.) | |
|---|---|---|
| 1-year return | -93.7% | -98.7% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 142.0% | 373.5% |
| Beta vs S&P 500 | 1.57 | 1.92 |
| Max drawdown (3Y) | -99.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCTG | RVSN |
|---|---|---|
| 2023 | – | -83.3% |
| 2024 | – | +38.5% |
| 2025 | -90.1% | -84.6% |
| 2026 | -55.6% | -98.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCTG and RVSN good diversifiers for each other?
Only partially. A correlation of 0.51 means CCTG and RVSN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CCTG and RVSN?
As of 2026-08-27, the correlation of weekly returns between CCTG and RVSN is 0.51 over 3 years, 0.18 over 1 year and n/a over 5 years.
Is RVSN a good diversifier for CCTG?
Only partially. A correlation of 0.51 means CCTG and RVSN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
A reading of 0.51 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/cctg-vs-rvsn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cctg-vs-rvsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CCTG correlations · RVSN correlations
