GPAT vs RFAI: Correlation
GP-Act III Acquisition Corp. - Class A (GPAT) and RF Acquisition Corp II (RFAI) show a negative relationship: their 3-year correlation of weekly returns is -0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPAT and RFAI?
Across a 3-year window, the weekly returns of GPAT and RFAI correlate at -0.46, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.51 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -423.5 %².
Out of 22 assets tracked against GPAT, RFAI lands near the bottom at #22. Their recent paths diverged sharply: over the last 12 months RFAI outperformed by 386.1 percentage points (+3.4% for GPAT against +389.5% for RFAI). Risk is not evenly split, since RFAI carries 90.1 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.
GPAT vs RFAI: side by side
| GPAT (GP-Act III Acquisition Corp. - Class A) | RFAI (RF Acquisition Corp II) | |
|---|---|---|
| 1-year return | +3.4% | +389.5% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 3.2% | 288.3% |
| Beta vs S&P 500 | 0.05 | -1.62 |
| Max drawdown (3Y) | -2.1% | -16.5% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | 44.6 | 399.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are GPAT and RFAI good diversifiers for each other?
Yes. With a correlation of -0.46, GPAT and RFAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GPAT and RFAI?
Using weekly returns as of 2026-08-27: -0.46 over 3 years, with -0.51 over the last year and n/a over 5 years.
Is RFAI a good diversifier for GPAT?
Yes. With a correlation of -0.46, GPAT and RFAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.46 mean?
A reading of -0.46 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/gpat-vs-rfai.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gpat-vs-rfai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GPAT correlations · RFAI correlations
