CIIT vs SAFT: Correlation
Measured on weekly returns over the past three years, Tianci International, Inc. (CIIT) and Safety Insurance Group, Inc. (SAFT) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIIT and SAFT?
Over the past 3 years, CIIT and SAFT moved with a correlation of 0.72, which is strong. The link has tightened recently: the 1-year correlation (0.92) runs above the 3-year figure (0.72). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 15023.4 %².
Within CIIT's tracked universe of 27 assets, SAFT comes in at #9 by 3-year correlation. The last year tells two different stories: SAFT led by 83.3 percentage points, -34.5% for CIIT against +48.8% for SAFT. One caveat on sizing: CIIT is 21.9 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 SAFT: side by side
| CIIT (Tianci International, Inc.) | SAFT (Safety Insurance Group, Inc.) | |
|---|---|---|
| 1-year return | -34.5% | +48.8% |
| 5-year return | -77.6% | +58.1% |
| Volatility (ann.) | 673.6% | 30.8% |
| Beta vs S&P 500 | -2.24 | 0.17 |
| Max drawdown (3Y) | -99.2% | -20.1% |
| Market cap | – | $1.5B |
| P/E (trailing) | – | 22.3 |
| Dividend yield | 0.00% | 3.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIIT | SAFT |
|---|---|---|
| 2022 | +36.4% | +3.1% |
| 2023 | -44.8% | -5.4% |
| 2024 | +383.1% | +13.3% |
| 2025 | -91.7% | -0.8% |
| 2026 | +41.6% | +36.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and SAFT good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CIIT and SAFT?
As of 2026-08-27, the correlation of weekly returns between CIIT and SAFT is 0.72 over 3 years, 0.92 over 1 year and 0.61 over 5 years.
Is SAFT a good diversifier for CIIT?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 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-saft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ciit-vs-saft/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CIIT correlations · SAFT correlations
