FRAF vs HOLO: Correlation
How closely do Franklin Financial Services Corporation (FRAF) and MicroCloud Hologram Inc. (HOLO) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRAF and HOLO?
Over the past 3 years, FRAF and HOLO moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.07 versus -0.24 over 3 years. Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -5020.8 %².
Among the 15 assets we track against FRAF, HOLO sits near the bottom by co-movement, at rank #13. Their recent paths diverged sharply: over the last 12 months FRAF outperformed by 96.4 percentage points (+36.8% for FRAF against -59.6% for HOLO). Note the risk asymmetry: HOLO runs 20.5 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.
FRAF vs HOLO: side by side
| FRAF (Franklin Financial Services Corporation) | HOLO (MicroCloud Hologram Inc.) | |
|---|---|---|
| 1-year return | +36.8% | -59.6% |
| 5-year return | +133.8% | -100.0% |
| Volatility (ann.) | 31.7% | 648.5% |
| Beta vs S&P 500 | 0.22 | 3.02 |
| Max drawdown (3Y) | -25.5% | -100.0% |
| Market cap | $0.3B | – |
| P/E (trailing) | 11.3 | – |
| Dividend yield | 2.14% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRAF | HOLO |
|---|---|---|
| 2022 | +13.5% | -77.2% |
| 2023 | -8.8% | -84.4% |
| 2024 | -1.4% | -93.1% |
| 2025 | +73.5% | -98.7% |
| 2026 | +25.9% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRAF and HOLO good diversifiers for each other?
Yes. With a correlation of -0.24, FRAF and HOLO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FRAF and HOLO?
The FRAF/HOLO correlation stands at -0.24 on a 3-year window (1 year: 0.07, 5 years: -0.22), computed from weekly returns as of 2026-08-27.
Is HOLO a good diversifier for FRAF?
Yes. With a correlation of -0.24, FRAF and HOLO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
A reading of -0.24 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/fraf-vs-holo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fraf-vs-holo/)
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Related comparisons
Hubs: FRAF correlations · HOLO correlations
