CIIT vs FCFS: Correlation
How closely do Tianci International, Inc. (CIIT) and FirstCash Holdings, Inc. (FCFS) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIIT and FCFS?
On 3 years of weekly data the CIIT/FCFS correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.25). The 5-year figure is -0.18, and annualized covariance runs at -3865.1 %².
By 3-year correlation, FCFS places #19 of the 27 assets tracked against CIIT. Their recent paths diverged sharply: over the last 12 months FCFS outperformed by 86.6 percentage points (-34.5% for CIIT against +52.1% for FCFS). Risk is not evenly split, since CIIT carries 28.9 times the volatility of the other side.
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 FCFS: side by side
| CIIT (Tianci International, Inc.) | FCFS (FirstCash Holdings, Inc.) | |
|---|---|---|
| 1-year return | -34.5% | +52.1% |
| 5-year return | -77.6% | +180.4% |
| Volatility (ann.) | 673.6% | 23.3% |
| Beta vs S&P 500 | -2.24 | 0.08 |
| Max drawdown (3Y) | -99.2% | -23.4% |
| Market cap | – | $9.7B |
| P/E (trailing) | – | 25.0 |
| Dividend yield | 0.00% | 0.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIIT | FCFS |
|---|---|---|
| 2022 | +36.4% | +18.0% |
| 2023 | -44.8% | +26.5% |
| 2024 | +383.1% | -3.2% |
| 2025 | -91.7% | +55.7% |
| 2026 | +41.6% | +41.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and FCFS good diversifiers for each other?
Yes. With a correlation of -0.25, CIIT and FCFS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CIIT and FCFS?
The CIIT/FCFS correlation stands at -0.25 on a 3-year window (1 year: -0.39, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is FCFS a good diversifier for CIIT?
Yes. With a correlation of -0.25, CIIT and FCFS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ciit-vs-fcfs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ciit-vs-fcfs/)
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Related comparisons
Hubs: CIIT correlations · FCFS correlations
