GFAI vs QSI: Correlation
Measured on weekly returns over the past three years, Guardforce AI Co., Limited (GFAI) and Quantum-Si Incorporated (QSI) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GFAI and QSI?
Across a 3-year window, the weekly returns of GFAI and QSI correlate at 0.49, moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.49 over 3. Stretching to 5 years gives 0.30, with an annualized covariance of 6347.2 %².
QSI is one of the assets that tracks GFAI most closely: it ranks #3 out of the 10 assets we track against GFAI. The last year tells two different stories: QSI led by 37.9 percentage points, -68.7% for GFAI against -30.8% for QSI. Risk is not evenly split, since QSI carries 1.8 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.
GFAI vs QSI: side by side
| GFAI (Guardforce AI Co., Limited) | QSI (Quantum-Si Incorporated) | |
|---|---|---|
| 1-year return | -68.7% | -30.8% |
| 5-year return | -99.8% | -91.5% |
| Volatility (ann.) | 84.4% | 152.9% |
| Beta vs S&P 500 | 2.19 | 2.93 |
| Max drawdown (3Y) | -93.9% | -83.6% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GFAI | QSI |
|---|---|---|
| 2022 | -88.2% | -76.7% |
| 2023 | -34.6% | +9.8% |
| 2024 | -56.9% | +34.3% |
| 2025 | -61.0% | -59.3% |
| 2026 | -33.2% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GFAI and QSI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GFAI and QSI?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.51 over the last year and 0.30 over 5 years.
Is QSI a good diversifier for GFAI?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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/gfai-vs-qsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gfai-vs-qsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GFAI correlations · QSI correlations
