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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

Correlation (3Y)
-0.20
negative
Correlation (1Y)
0.16
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-47.8
%² · weekly, annualized

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 returnn/an/a
Volatility (ann.)2.1%109.6%
Beta vs S&P 500-0.030.81
Max drawdown (3Y)-2.0%-85.6%
Market cap$0.2B$0.1B
P/E (trailing)60.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MACI -2.0% vs -85.6%
-42%0%+10%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MACI · YIBO

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.

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MACI vs YIBO: 3-year weekly correlation -0.20MACI vs YIBO-0.20

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Related comparisons

Hubs: MACI correlations · YIBO correlations