FAMI vs RIOT: Correlation
How closely do Farmmi, Inc. - Class A (FAMI) and Riot Platforms, Inc. (RIOT) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FAMI and RIOT?
On 3 years of weekly data the FAMI/RIOT correlation comes out at 0.29, weak. The link has tightened recently: the 1-year correlation (0.42) runs above the 3-year figure (0.29). The 5-year figure is 0.25, and annualized covariance runs at 2101.4 %².
Among the 12 assets we track against FAMI, RIOT ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RIOT ahead by 148.2 points (-94.1% versus +54.1%).
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.
FAMI vs RIOT: side by side
| FAMI (Farmmi, Inc. - Class A) | RIOT (Riot Platforms, Inc.) | |
|---|---|---|
| 1-year return | -94.1% | +54.1% |
| 5-year return | -100.0% | -44.6% |
| Volatility (ann.) | 86.9% | 82.3% |
| Beta vs S&P 500 | 0.81 | 2.40 |
| Max drawdown (3Y) | -99.7% | -66.2% |
| Market cap | – | $7.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FAMI | RIOT |
|---|---|---|
| 2022 | -92.7% | -84.8% |
| 2023 | -61.3% | +356.3% |
| 2024 | -75.8% | -34.0% |
| 2025 | -64.7% | +24.1% |
| 2026 | -91.9% | +64.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FAMI and RIOT good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FAMI and RIOT?
The FAMI/RIOT correlation stands at 0.29 on a 3-year window (1 year: 0.42, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is RIOT a good diversifier for FAMI?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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/fami-vs-riot.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fami-vs-riot/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FAMI correlations · RIOT correlations
