CISS vs RMCF: Correlation
Measured on weekly returns over the past three years, C3is Inc. (CISS) and Rocky Mountain Chocolate Factory, Inc. (RMCF) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CISS and RMCF?
Across a 3-year window, the weekly returns of CISS and RMCF correlate at 0.39, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.39). Stretching to 5 years gives n/a, with an annualized covariance of 55484.5 %².
By 3-year correlation, RMCF places #14 of the 42 assets tracked against CISS. The last year tells two different stories: RMCF led by 79.6 percentage points, -99.5% for CISS against -19.9% for RMCF. One caveat on sizing: CISS is 30.6 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 RMCF: side by side
| CISS (C3is Inc.) | RMCF (Rocky Mountain Chocolate Factory, Inc.) | |
|---|---|---|
| 1-year return | -99.5% | -19.9% |
| 5-year return | n/a | -84.3% |
| Volatility (ann.) | 2098.5% | 68.5% |
| Beta vs S&P 500 | 2.24 | 0.77 |
| Max drawdown (3Y) | -100.0% | -87.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISS | RMCF |
|---|---|---|
| 2022 | – | -27.4% |
| 2023 | – | -19.3% |
| 2024 | -98.9% | -47.2% |
| 2025 | -97.3% | -21.8% |
| 2026 | -93.4% | -38.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISS and RMCF good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CISS and RMCF?
The CISS/RMCF correlation stands at 0.39 on a 3-year window (1 year: 0.56, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RMCF a good diversifier for CISS?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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
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Related comparisons
Hubs: CISS correlations · RMCF correlations
