CLST vs RAYA: Correlation
Catalyst Bancorp, Inc. (CLST) and Erayak Power Solution Group Inc. - Class A (RAYA) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLST and RAYA?
Across a 3-year window, the weekly returns of CLST and RAYA correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.45) than the 3-year average (-0.29). Stretching to 5 years gives -0.18, with an annualized covariance of -623.9 %².
RAYA is close to the least connected end of CLST's tracked universe, ranking #10 of 12. Their recent paths diverged sharply: over the last 12 months CLST outperformed by 133.7 percentage points (+35.9% for CLST against -97.8% for RAYA). Risk is not evenly split, since RAYA carries 12.3 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.
CLST vs RAYA: side by side
| CLST (Catalyst Bancorp, Inc.) | RAYA (Erayak Power Solution Group Inc. - Class A) | |
|---|---|---|
| 1-year return | +35.9% | -97.8% |
| 5-year return | +28.2% | n/a |
| Volatility (ann.) | 13.2% | 162.4% |
| Beta vs S&P 500 | 0.08 | 0.17 |
| Max drawdown (3Y) | -12.7% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | 31.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLST | RAYA |
|---|---|---|
| 2022 | -7.1% | – |
| 2023 | -14.6% | -44.7% |
| 2024 | +8.6% | +23.6% |
| 2025 | +33.8% | -98.7% |
| 2026 | +10.4% | -94.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLST and RAYA good diversifiers for each other?
Yes. With a correlation of -0.29, CLST and RAYA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CLST and RAYA?
The CLST/RAYA correlation stands at -0.29 on a 3-year window (1 year: -0.45, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is RAYA a good diversifier for CLST?
Yes. With a correlation of -0.29, CLST and RAYA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
A reading of -0.29 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/clst-vs-raya.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/clst-vs-raya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CLST correlations · RAYA correlations
