FICO vs RAYA: Correlation
Fair Isaac (FICO) and Erayak Power Solution Group Inc. - Class A (RAYA) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FICO and RAYA?
Over the past 3 years, FICO and RAYA moved with a correlation of -0.18, 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 (-0.18). Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -1328.6 %².
By 3-year correlation, RAYA places #23 of the 30 assets tracked against FICO. Correlation aside, the last 12 months split them widely, with FICO ahead by 79.3 points (-18.5% versus -97.8%). Risk is not evenly split, since RAYA carries 3.6 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.
FICO vs RAYA: side by side
| FICO (Fair Isaac) | RAYA (Erayak Power Solution Group Inc. - Class A) | |
|---|---|---|
| 1-year return | -18.5% | -97.8% |
| 5-year return | +154.2% | n/a |
| Volatility (ann.) | 45.1% | 162.4% |
| Beta vs S&P 500 | 1.27 | 0.17 |
| Max drawdown (3Y) | -61.3% | -100.0% |
| Market cap | $25.0B | – |
| P/E (trailing) | 32.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FICO | RAYA |
|---|---|---|
| 2022 | +38.0% | – |
| 2023 | +94.5% | -44.7% |
| 2024 | +71.0% | +23.6% |
| 2025 | -15.1% | -98.7% |
| 2026 | -31.6% | -94.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FICO and RAYA good diversifiers for each other?
Yes. With a correlation of -0.18, FICO and RAYA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FICO and RAYA?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.38 over the last year and -0.14 over 5 years.
Is RAYA a good diversifier for FICO?
Yes. With a correlation of -0.18, FICO and RAYA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 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/fico-vs-raya.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fico-vs-raya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FICO correlations · RAYA correlations
