PPC vs RFAI: Correlation
Pilgrim's Pride Corporation (PPC) and RF Acquisition Corp II (RFAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PPC and RFAI?
Across a 3-year window, the weekly returns of PPC and RFAI correlate at 0.33, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.51 versus 0.33 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 3084.4 %².
By 3-year correlation, RFAI places #5 of the 23 assets tracked against PPC. The last year tells two different stories: RFAI led by 420.3 percentage points, -30.8% for PPC against +389.5% for RFAI. Risk is not evenly split, since RFAI carries 9.5 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.
PPC vs RFAI: side by side
| PPC (Pilgrim's Pride Corporation) | RFAI (RF Acquisition Corp II) | |
|---|---|---|
| 1-year return | -30.8% | +389.5% |
| 5-year return | +32.4% | n/a |
| Volatility (ann.) | 30.3% | 288.3% |
| Beta vs S&P 500 | -0.17 | -1.62 |
| Max drawdown (3Y) | -49.2% | -16.5% |
| Market cap | $7.4B | $0.4B |
| P/E (trailing) | 13.6 | 399.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PPC | RFAI |
|---|---|---|
| 2022 | -15.9% | – |
| 2023 | +16.6% | – |
| 2024 | +64.1% | – |
| 2025 | +1.4% | +5.2% |
| 2026 | -20.2% | +383.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PPC and RFAI good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PPC and RFAI?
The PPC/RFAI correlation stands at 0.33 on a 3-year window (1 year: 0.51, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RFAI a good diversifier for PPC?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/ppc-vs-rfai.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ppc-vs-rfai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PPC correlations · RFAI correlations
