CRMT vs DSY: Correlation
How closely do America's Car-Mart, Inc. (CRMT) and Big Tree Cloud Holdings Limited - Class A (DSY) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRMT and DSY?
Across a 3-year window, the weekly returns of CRMT and DSY correlate at -0.31, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.51 versus -0.31 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -4085.0 %².
DSY is close to the least connected end of CRMT's tracked universe, ranking #11 of 13. Over the last 12 months DSY came out ahead by 13.3 percentage points (-95.1% against -81.8%). Risk is not evenly split, since DSY carries 2.2 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.
CRMT vs DSY: side by side
| CRMT (America's Car-Mart, Inc.) | DSY (Big Tree Cloud Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | -95.1% | -81.8% |
| 5-year return | -98.2% | n/a |
| Volatility (ann.) | 78.3% | 168.9% |
| Beta vs S&P 500 | 1.85 | 1.72 |
| Max drawdown (3Y) | -98.2% | -99.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRMT | DSY |
|---|---|---|
| 2022 | -29.4% | – |
| 2023 | +4.9% | – |
| 2024 | -32.4% | -70.4% |
| 2025 | -50.7% | -91.3% |
| 2026 | -90.9% | -28.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRMT and DSY good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CRMT and DSY?
The CRMT/DSY correlation stands at -0.31 on a 3-year window (1 year: -0.51, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is DSY a good diversifier for CRMT?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
A reading of -0.31 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/crmt-vs-dsy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crmt-vs-dsy/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRMT correlations · DSY correlations
