FIRY vs TRT: Correlation
Firy Inc. (FIRY) and Trio-Tech International (TRT) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIRY and TRT?
On 3 years of weekly data the FIRY/TRT correlation comes out at 0.37, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.55 versus 0.37 over 3 years. The 5-year figure is 0.28, and annualized covariance runs at 3742.9 %².
By 3-year correlation, TRT places #8 of the 16 assets tracked against FIRY. Correlation aside, the last 12 months split them widely, with TRT ahead by 279.3 points (+16.2% versus +295.5%).
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.
FIRY vs TRT: side by side
| FIRY (Firy Inc.) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +16.2% | +295.5% |
| 5-year return | -95.2% | +365.8% |
| Volatility (ann.) | 95.3% | 107.4% |
| Beta vs S&P 500 | 2.29 | 0.18 |
| Max drawdown (3Y) | -74.9% | -54.6% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | 209.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIRY | TRT |
|---|---|---|
| 2022 | -93.2% | -66.5% |
| 2023 | -38.3% | +12.7% |
| 2024 | -19.4% | +14.6% |
| 2025 | -14.3% | +127.9% |
| 2026 | +136.4% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIRY and TRT good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FIRY and TRT?
As of 2026-08-27, the correlation of weekly returns between FIRY and TRT is 0.37 over 3 years, 0.55 over 1 year and 0.28 over 5 years.
Is TRT a good diversifier for FIRY?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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/firy-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/firy-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FIRY correlations · TRT correlations
