CIIT vs DBGI: Correlation
Measured on weekly returns over the past three years, Tianci International, Inc. (CIIT) and Digital Brands Group, Inc. (DBGI) 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 CIIT and DBGI?
On 3 years of weekly data the CIIT/DBGI correlation comes out at 0.97, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.99 lands near the 3-year figure. The 5-year figure is 0.92, and annualized covariance runs at 735246.0 %².
Few assets follow CIIT as closely as DBGI, which ranks #3 of 27 tracked partners. Over the last 12 months DBGI came out ahead by 5.3 percentage points (-34.5% against -29.2%). One caveat on sizing: DBGI is 1.7 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.
CIIT vs DBGI: side by side
| CIIT (Tianci International, Inc.) | DBGI (Digital Brands Group, Inc.) | |
|---|---|---|
| 1-year return | -34.5% | -29.2% |
| 5-year return | -77.6% | -100.0% |
| Volatility (ann.) | 673.6% | 1127.2% |
| Beta vs S&P 500 | -2.24 | -1.93 |
| Max drawdown (3Y) | -99.2% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIIT | DBGI |
|---|---|---|
| 2022 | +36.4% | -98.2% |
| 2023 | -44.8% | -96.9% |
| 2024 | +383.1% | -98.9% |
| 2025 | -91.7% | +610.8% |
| 2026 | +41.6% | -43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and DBGI good diversifiers for each other?
Not really. At 0.97, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between CIIT and DBGI?
Using weekly returns as of 2026-08-27: 0.97 over 3 years, with 0.99 over the last year and 0.92 over 5 years.
Is DBGI a good diversifier for CIIT?
Not really. At 0.97, the two trade almost as one position, and owning both buys little extra protection.
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/ciit-vs-dbgi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ciit-vs-dbgi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CIIT correlations · DBGI correlations