DFH vs RAVE: Correlation
Dream Finders Homes, Inc. (DFH) and Rave Restaurant Group, Inc. (RAVE) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and RAVE?
On 3 years of weekly data the DFH/RAVE correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.31 over 1 year against 0.34 over 3. The 5-year figure is 0.22, and annualized covariance runs at 942.4 %².
RAVE is close to the least connected end of DFH's tracked universe, ranking #14 of 17. Their recent paths diverged sharply: over the last 12 months RAVE outperformed by 44.8 percentage points (-48.8% for DFH against -4.0% for RAVE).
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.
DFH vs RAVE: side by side
| DFH (Dream Finders Homes, Inc.) | RAVE (Rave Restaurant Group, Inc.) | |
|---|---|---|
| 1-year return | -48.8% | -4.0% |
| 5-year return | -30.7% | +146.8% |
| Volatility (ann.) | 54.8% | 50.5% |
| Beta vs S&P 500 | 1.62 | 0.63 |
| Max drawdown (3Y) | -71.3% | -37.2% |
| Market cap | $1.3B | – |
| P/E (trailing) | 10.4 | 14.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFH | RAVE |
|---|---|---|
| 2022 | -55.5% | +56.4% |
| 2023 | +310.3% | +41.1% |
| 2024 | -34.5% | +15.7% |
| 2025 | -26.5% | +27.9% |
| 2026 | -16.0% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and RAVE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DFH and RAVE?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.31 over the last year and 0.22 over 5 years.
Is RAVE a good diversifier for DFH?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/dfh-vs-rave.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfh-vs-rave/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFH correlations · RAVE correlations
