CCZ vs SAIH: Correlation
Measured on weekly returns over the past three years, Comcast Holdings ZONES (CCZ) and SAIHEAT Limited - Class A (SAIH) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCZ and SAIH?
Across a 3-year window, the weekly returns of CCZ and SAIH correlate at 0.32, moderate. The link has loosened recently: the 1-year correlation (0.21) runs below the 3-year figure (0.32). Stretching to 5 years gives 0.10, with an annualized covariance of 788.0 %².
Within CCZ's tracked universe of 10 assets, SAIH comes in at #4 by 3-year correlation. The last year tells two different stories: SAIH led by 274.1 percentage points, +12.4% for CCZ against +286.5% for SAIH. Note the risk asymmetry: SAIH runs 5.2 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.
CCZ vs SAIH: side by side
| CCZ (Comcast Holdings ZONES) | SAIH (SAIHEAT Limited - Class A) | |
|---|---|---|
| 1-year return | +12.4% | +286.5% |
| 5-year return | +24.7% | -83.7% |
| Volatility (ann.) | 21.9% | 112.8% |
| Beta vs S&P 500 | 0.35 | 2.00 |
| Max drawdown (3Y) | -16.3% | -85.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | – | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCZ | SAIH |
|---|---|---|
| 2022 | -8.9% | -79.6% |
| 2023 | +3.8% | -40.8% |
| 2024 | +10.6% | -35.3% |
| 2025 | +1.3% | -20.3% |
| 2026 | +12.3% | +158.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCZ and SAIH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CCZ and SAIH?
As of 2026-08-27, the correlation of weekly returns between CCZ and SAIH is 0.32 over 3 years, 0.21 over 1 year and 0.10 over 5 years.
Is SAIH a good diversifier for CCZ?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 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/ccz-vs-saih.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ccz-vs-saih/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCZ correlations · SAIH correlations
