MACI vs YIBO: Correlation
Measured on weekly returns over the past three years, Melar Acquisition Corp. I - Class A (MACI) and Planet Image International Limited - Class A (YIBO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MACI and YIBO?
On 3 years of weekly data the MACI/YIBO correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.16) than the 3-year average (-0.20). The 5-year figure is n/a, and annualized covariance runs at -47.8 %².
By 3-year correlation, YIBO places #40 of the 71 assets tracked against MACI. On 12-month performance MACI holds a 10.3-point edge, +4.4% against -5.9%. Note the risk asymmetry: YIBO runs 52.2 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.
MACI vs YIBO: side by side
| MACI (Melar Acquisition Corp. I - Class A) | YIBO (Planet Image International Limited - Class A) | |
|---|---|---|
| 1-year return | +4.4% | -5.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 2.1% | 109.6% |
| Beta vs S&P 500 | -0.03 | 0.81 |
| Max drawdown (3Y) | -2.0% | -85.6% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | 60.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are MACI and YIBO good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between MACI and YIBO?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with 0.16 over the last year and n/a over 5 years.
Is YIBO a good diversifier for MACI?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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/maci-vs-yibo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/maci-vs-yibo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MACI correlations · YIBO correlations