FABC vs SEB: Correlation
Measured on weekly returns over the past three years, Fabric.AI, Inc. (FABC) and Seaboard Corporation (SEB) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FABC and SEB?
Over the past 3 years, FABC and SEB moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.38) runs below the 3-year figure (-0.21). Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -641.4 %².
Out of 10 assets tracked against FABC, SEB lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with SEB ahead by 57.5 points (-52.7% versus +4.8%). Risk is not evenly split, since FABC carries 2.8 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.
FABC vs SEB: side by side
| FABC (Fabric.AI, Inc.) | SEB (Seaboard Corporation) | |
|---|---|---|
| 1-year return | -52.7% | +4.8% |
| 5-year return | -99.5% | -4.5% |
| Volatility (ann.) | 91.5% | 32.8% |
| Beta vs S&P 500 | 1.87 | -0.07 |
| Max drawdown (3Y) | -97.7% | -37.7% |
| Market cap | – | $3.8B |
| P/E (trailing) | – | 6.0 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FABC | SEB |
|---|---|---|
| 2022 | -76.4% | -3.8% |
| 2023 | -42.1% | -5.2% |
| 2024 | -61.4% | -31.7% |
| 2025 | -77.5% | +83.5% |
| 2026 | +13.9% | -11.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FABC and SEB good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FABC and SEB?
As of 2026-08-27, the correlation of weekly returns between FABC and SEB is -0.21 over 3 years, -0.38 over 1 year and -0.10 over 5 years.
Is SEB a good diversifier for FABC?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fabc-vs-seb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fabc-vs-seb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FABC correlations · SEB correlations
