CISS vs LINC: Correlation
Measured on weekly returns over the past three years, C3is Inc. (CISS) and Lincoln Educational Services Corporation (LINC) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CISS and LINC?
Over the past 3 years, CISS and LINC moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.45) runs below the 3-year figure (-0.31). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -32224.5 %².
Within CISS's tracked universe of 42 assets, LINC comes in at #36 by 3-year correlation. The last year tells two different stories: LINC led by 128.7 percentage points, -99.5% for CISS against +29.2% for LINC. One caveat on sizing: CISS is 42.3 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.
CISS vs LINC: side by side
| CISS (C3is Inc.) | LINC (Lincoln Educational Services Corporation) | |
|---|---|---|
| 1-year return | -99.5% | +29.2% |
| 5-year return | n/a | +298.9% |
| Volatility (ann.) | 2098.5% | 49.6% |
| Beta vs S&P 500 | 2.24 | 0.89 |
| Max drawdown (3Y) | -100.0% | -55.4% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 35.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISS | LINC |
|---|---|---|
| 2022 | – | -22.5% |
| 2023 | – | +73.4% |
| 2024 | -98.9% | +57.6% |
| 2025 | -97.3% | +52.7% |
| 2026 | -93.4% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISS and LINC good diversifiers for each other?
Yes. With a correlation of -0.31, CISS and LINC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CISS and LINC?
The CISS/LINC correlation stands at -0.31 on a 3-year window (1 year: -0.45, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LINC a good diversifier for CISS?
Yes. With a correlation of -0.31, CISS and LINC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/ciss-vs-linc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ciss-vs-linc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CISS correlations · LINC correlations
