RAYA vs VZ: Correlation
Erayak Power Solution Group Inc. - Class A (RAYA) and Verizon (VZ) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RAYA and VZ?
Over the past 3 years, RAYA and VZ moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.22 over 3. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -818.5 %².
Within RAYA's tracked universe of 20 assets, VZ comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VZ outperformed by 117.1 percentage points (-97.8% for RAYA against +19.3% for VZ). Risk is not evenly split, since RAYA carries 7.1 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.
RAYA vs VZ: side by side
| RAYA (Erayak Power Solution Group Inc. - Class A) | VZ (Verizon) | |
|---|---|---|
| 1-year return | -97.8% | +19.3% |
| 5-year return | n/a | +23.8% |
| Volatility (ann.) | 162.4% | 22.9% |
| Beta vs S&P 500 | 0.17 | 0.15 |
| Max drawdown (3Y) | -100.0% | -17.0% |
| Market cap | – | $205.4B |
| P/E (trailing) | – | 12.9 |
| Dividend yield | 0.00% | 5.57% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | RAYA | VZ |
|---|---|---|
| 2022 | – | -20.0% |
| 2023 | -44.7% | +2.7% |
| 2024 | +23.6% | +13.1% |
| 2025 | -98.7% | +8.9% |
| 2026 | -94.0% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RAYA and VZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between RAYA and VZ?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.30 over the last year and -0.16 over 5 years.
Is VZ a good diversifier for RAYA?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/raya-vs-vz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/raya-vs-vz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RAYA correlations · VZ correlations
