BG vs MCS: Correlation
Bunge Global (BG) and Marcus Corporation (The) (MCS) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BG and MCS?
On 3 years of weekly data the BG/MCS correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. The 5-year figure is -0.03, and annualized covariance runs at -231.7 %².
By 3-year correlation, MCS places #27 of the 37 assets tracked against BG. Correlation aside, the last 12 months split them widely, with MCS ahead by 56.3 points (+35.2% versus +91.5%).
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.
BG vs MCS: side by side
| BG (Bunge Global) | MCS (Marcus Corporation (The)) | |
|---|---|---|
| 1-year return | +35.2% | +91.5% |
| 5-year return | +68.5% | +106.8% |
| Volatility (ann.) | 30.7% | 35.9% |
| Beta vs S&P 500 | 0.09 | 0.53 |
| Max drawdown (3Y) | -38.8% | -42.9% |
| Market cap | $21.4B | $0.9B |
| P/E (trailing) | 24.4 | 40.2 |
| Dividend yield | 2.51% | 1.08% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | BG | MCS |
|---|---|---|
| 2022 | +9.3% | -18.9% |
| 2023 | +3.8% | +2.9% |
| 2024 | -20.7% | +50.4% |
| 2025 | +18.6% | -26.6% |
| 2026 | +27.5% | +91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BG and MCS good diversifiers for each other?
Yes. With a correlation of -0.21, BG and MCS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BG and MCS?
As of 2026-08-27, the correlation of weekly returns between BG and MCS is -0.21 over 3 years, -0.31 over 1 year and -0.03 over 5 years.
Is MCS a good diversifier for BG?
Yes. With a correlation of -0.21, BG and MCS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/bg-vs-mcs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bg-vs-mcs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BG correlations · MCS correlations
