CIIT vs TSLA: Correlation
Measured on weekly returns over the past three years, Tianci International, Inc. (CIIT) and Tesla, Inc. (TSLA) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIIT and TSLA?
Across a 3-year window, the weekly returns of CIIT and TSLA correlate at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.19 over 3 years. Stretching to 5 years gives -0.15, with an annualized covariance of -6894.0 %².
Among the 27 assets we track against CIIT, TSLA ranks #16 by 3-year correlation. The last year tells two different stories: TSLA led by 36.0 percentage points, -34.5% for CIIT against +1.5% for TSLA. Note the risk asymmetry: CIIT runs 12.5 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 TSLA: side by side
| CIIT (Tianci International, Inc.) | TSLA (Tesla, Inc.) | |
|---|---|---|
| 1-year return | -34.5% | +1.5% |
| 5-year return | -77.6% | +45.6% |
| Volatility (ann.) | 673.6% | 53.9% |
| Beta vs S&P 500 | -2.24 | 1.87 |
| Max drawdown (3Y) | -99.2% | -53.8% |
| Market cap | – | $1,401.3B |
| P/E (trailing) | – | 322.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | CIIT | TSLA |
|---|---|---|
| 2022 | +36.4% | -65.0% |
| 2023 | -44.8% | +101.7% |
| 2024 | +383.1% | +62.5% |
| 2025 | -91.7% | +11.4% |
| 2026 | +41.6% | -21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and TSLA good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between CIIT and TSLA?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.41 over the last year and -0.15 over 5 years.
Is TSLA a good diversifier for CIIT?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ciit-vs-tsla.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ciit-vs-tsla/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CIIT correlations · TSLA correlations
