FOA vs PSIG: Correlation
How closely do Finance of America Companies Inc. (FOA) and PS International Group Ltd. (PSIG) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOA and PSIG?
Over the past 3 years, FOA and PSIG moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.21). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2228.6 %².
Out of 10 assets tracked against FOA, PSIG lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months FOA outperformed by 23.5 percentage points (-30.4% for FOA against -53.9% for PSIG). One caveat on sizing: PSIG is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FOA vs PSIG: side by side
| FOA (Finance of America Companies Inc.) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -30.4% | -53.9% |
| 5-year return | -65.5% | n/a |
| Volatility (ann.) | 76.9% | 157.0% |
| Beta vs S&P 500 | 0.77 | 0.97 |
| Max drawdown (3Y) | -71.7% | -96.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOA | PSIG |
|---|---|---|
| 2022 | -68.0% | – |
| 2023 | -13.4% | – |
| 2024 | +155.6% | – |
| 2025 | -13.9% | +8.3% |
| 2026 | -24.2% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOA and PSIG good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between FOA and PSIG?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.33 over the last year and n/a over 5 years.
Is PSIG a good diversifier for FOA?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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/foa-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/foa-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FOA correlations · PSIG correlations
