FCUV vs LIN: Correlation
Measured on weekly returns over the past three years, Focus Universal Inc. (FCUV) and Linde plc (LIN) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCUV and LIN?
On 3 years of weekly data the FCUV/LIN correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. The 5-year figure is -0.10, and annualized covariance runs at -1077.9 %².
By 3-year correlation, LIN places #21 of the 33 assets tracked against FCUV. Correlation aside, the last 12 months split them widely, with LIN ahead by 87.7 points (-85.8% versus +1.9%). Note the risk asymmetry: FCUV runs 17.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FCUV vs LIN: side by side
| FCUV (Focus Universal Inc.) | LIN (Linde plc) | |
|---|---|---|
| 1-year return | -85.8% | +1.9% |
| 5-year return | -99.4% | +64.6% |
| Volatility (ann.) | 287.5% | 16.5% |
| Beta vs S&P 500 | 0.68 | 0.37 |
| Max drawdown (3Y) | -99.8% | -19.2% |
| Market cap | – | $223.7B |
| P/E (trailing) | – | 31.6 |
| Dividend yield | 0.00% | 1.26% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | FCUV | LIN |
|---|---|---|
| 2022 | -27.7% | -4.4% |
| 2023 | -65.8% | +27.7% |
| 2024 | -76.0% | +3.2% |
| 2025 | -76.9% | +3.2% |
| 2026 | -67.8% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCUV and LIN good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between FCUV and LIN?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.32 over the last year and -0.10 over 5 years.
Is LIN a good diversifier for FCUV?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 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/fcuv-vs-lin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fcuv-vs-lin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FCUV correlations · LIN correlations
