PRFX vs THCH: Correlation
PRF Technologies Ltd. (PRFX) and TH International Limited (THCH) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRFX and THCH?
On 3 years of weekly data the PRFX/THCH correlation comes out at 0.45, moderate. The past 12 months show a weaker link (-0.02) than the 3-year average (0.45). The 5-year figure is 0.35, and annualized covariance runs at 8385.7 %².
By 3-year correlation, THCH places #13 of the 23 assets tracked against PRFX. Correlation aside, the last 12 months split them widely, with THCH ahead by 39.1 points (-87.7% versus -48.6%). Note the risk asymmetry: PRFX runs 4.5 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.
PRFX vs THCH: side by side
| PRFX (PRF Technologies Ltd.) | THCH (TH International Limited) | |
|---|---|---|
| 1-year return | -87.7% | -48.6% |
| 5-year return | -99.9% | -97.4% |
| Volatility (ann.) | 291.2% | 64.2% |
| Beta vs S&P 500 | 2.46 | 0.34 |
| Max drawdown (3Y) | -99.3% | -90.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRFX | THCH |
|---|---|---|
| 2022 | -68.9% | -71.7% |
| 2023 | -33.4% | -37.1% |
| 2024 | -79.7% | -59.4% |
| 2025 | -80.9% | -29.9% |
| 2026 | -69.3% | -49.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRFX and THCH good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PRFX and THCH?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with -0.02 over the last year and 0.35 over 5 years.
Is THCH a good diversifier for PRFX?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/prfx-vs-thch.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prfx-vs-thch/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRFX correlations · THCH correlations
