CIIT vs FFAI: Correlation
Tianci International, Inc. (CIIT) and Faraday Future Intelligent Electric Inc. (FFAI) show a very strong relationship: their 3-year correlation of weekly returns is 0.90.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIIT and FFAI?
On 3 years of weekly data the CIIT/FFAI correlation comes out at 0.90, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.99) sits close to the 3-year figure. The 5-year figure is 0.86, and annualized covariance runs at 1814408.1 %².
Within CIIT's tracked universe of 27 assets, FFAI comes in at #7 by 3-year correlation. The last year tells two different stories: FFAI led by 32.4 percentage points, -34.5% for CIIT against -2.1% for FFAI. Note the risk asymmetry: FFAI runs 4.5 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.
CIIT vs FFAI: side by side
| CIIT (Tianci International, Inc.) | FFAI (Faraday Future Intelligent Electric Inc.) | |
|---|---|---|
| 1-year return | -34.5% | -2.1% |
| 5-year return | -77.6% | -100.0% |
| Volatility (ann.) | 673.6% | 3004.8% |
| Beta vs S&P 500 | -2.24 | -1.32 |
| 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 | FFAI |
|---|---|---|
| 2022 | +36.4% | -94.5% |
| 2023 | -44.8% | -99.0% |
| 2024 | +383.1% | -91.2% |
| 2025 | -91.7% | -58.0% |
| 2026 | +41.6% | +128.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and FFAI good diversifiers for each other?
Not really. At 0.90, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between CIIT and FFAI?
Using weekly returns as of 2026-08-27: 0.90 over 3 years, with 0.99 over the last year and 0.86 over 5 years.
Is FFAI a good diversifier for CIIT?
Not really. At 0.90, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.90 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-ffai.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ciit-vs-ffai/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CIIT correlations · FFAI correlations
