CENN vs FIEE: Correlation
Cenntro Inc. (CENN) and FiEE, Inc (FIEE) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENN and FIEE?
Across a 3-year window, the weekly returns of CENN and FIEE correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.29). Stretching to 5 years gives -0.20, with an annualized covariance of -8085.9 %².
FIEE is close to the least connected end of CENN's tracked universe, ranking #10 of 13. Correlation aside, the last 12 months split them widely, with FIEE ahead by 131.9 points (-86.8% versus +45.1%). One caveat on sizing: FIEE is 2.8 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.
CENN vs FIEE: side by side
| CENN (Cenntro Inc.) | FIEE (FiEE, Inc) | |
|---|---|---|
| 1-year return | -86.8% | +45.1% |
| 5-year return | -100.0% | -92.3% |
| Volatility (ann.) | 98.4% | 279.4% |
| Beta vs S&P 500 | 1.28 | 0.29 |
| Max drawdown (3Y) | -99.8% | -98.1% |
| Market cap | – | – |
| P/E (trailing) | – | 9.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENN | FIEE |
|---|---|---|
| 2022 | -91.8% | -84.8% |
| 2023 | -96.7% | -58.5% |
| 2024 | -25.7% | -88.8% |
| 2025 | -87.3% | +1359.1% |
| 2026 | -48.0% | +28.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENN and FIEE good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between CENN and FIEE?
The CENN/FIEE correlation stands at -0.29 on a 3-year window (1 year: 0.01, 5 years: -0.20), computed from weekly returns as of 2026-08-27.
Is FIEE a good diversifier for CENN?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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/cenn-vs-fiee.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cenn-vs-fiee/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CENN correlations · FIEE correlations
