CIIT vs WLFC: Correlation
How closely do Tianci International, Inc. (CIIT) and Willis Lease Finance Corporation (WLFC) trade together? Their weekly returns over three years give a correlation of -0.58, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIIT and WLFC?
Across a 3-year window, the weekly returns of CIIT and WLFC correlate at -0.58, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.75 versus -0.58 over 3 years. Stretching to 5 years gives -0.50, with an annualized covariance of -23806.4 %².
Out of 27 assets tracked against CIIT, WLFC lands near the bottom at #27. Correlation aside, the last 12 months split them widely, with CIIT ahead by 28.8 points (-34.5% versus -63.3%). Risk is not evenly split, since CIIT carries 11.0 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 WLFC: side by side
| CIIT (Tianci International, Inc.) | WLFC (Willis Lease Finance Corporation) | |
|---|---|---|
| 1-year return | -34.5% | -63.3% |
| 5-year return | -77.6% | +47.2% |
| Volatility (ann.) | 673.6% | 61.3% |
| Beta vs S&P 500 | -2.24 | 1.30 |
| Max drawdown (3Y) | -99.2% | -77.4% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | 13.8 |
| Dividend yield | 0.00% | 0.88% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CIIT | WLFC |
|---|---|---|
| 2022 | +36.4% | +56.7% |
| 2023 | -44.8% | -17.2% |
| 2024 | +383.1% | +327.3% |
| 2025 | -91.7% | -34.5% |
| 2026 | +41.6% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIIT and WLFC good diversifiers for each other?
Yes. With a correlation of -0.58, CIIT and WLFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CIIT and WLFC?
Using weekly returns as of 2026-08-27: -0.58 over 3 years, with -0.75 over the last year and -0.50 over 5 years.
Is WLFC a good diversifier for CIIT?
Yes. With a correlation of -0.58, CIIT and WLFC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.58 mean?
On the −1 to +1 scale, -0.58 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-wlfc.json
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Hubs: CIIT correlations · WLFC correlations
