FFAI vs SRG: Correlation
Measured on weekly returns over the past three years, Faraday Future Intelligent Electric Inc. (FFAI) and Seritage Growth Properties (SRG) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFAI and SRG?
On 3 years of weekly data the FFAI/SRG correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.29) sits close to the 3-year figure. The 5-year figure is -0.15, and annualized covariance runs at -42343.5 %².
SRG is close to the least connected end of FFAI's tracked universe, ranking #14 of 17. Their recent paths diverged sharply: over the last 12 months FFAI outperformed by 40.8 percentage points (-2.1% for FFAI against -42.9% for SRG). Note the risk asymmetry: FFAI runs 70.7 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.
FFAI vs SRG: side by side
| FFAI (Faraday Future Intelligent Electric Inc.) | SRG (Seritage Growth Properties) | |
|---|---|---|
| 1-year return | -2.1% | -42.9% |
| 5-year return | -100.0% | -86.6% |
| Volatility (ann.) | 3004.8% | 42.5% |
| Beta vs S&P 500 | -1.32 | 0.81 |
| Max drawdown (3Y) | -100.0% | -79.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FFAI | SRG |
|---|---|---|
| 2022 | -94.5% | -10.9% |
| 2023 | -99.0% | -21.0% |
| 2024 | -91.2% | -55.9% |
| 2025 | -58.0% | -21.1% |
| 2026 | +128.4% | -36.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFAI and SRG good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FFAI and SRG?
The FFAI/SRG correlation stands at -0.33 on a 3-year window (1 year: -0.29, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is SRG a good diversifier for FFAI?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 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/ffai-vs-srg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ffai-vs-srg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FFAI correlations · SRG correlations
