CNK vs MCS: Correlation
Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK) and Marcus Corporation (The) (MCS) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNK and MCS?
Across a 3-year window, the weekly returns of CNK and MCS correlate at 0.60, strong. Lately the two have moved closer together, with the 1-year correlation at 0.71 versus 0.60 over 3 years. Stretching to 5 years gives 0.62, with an annualized covariance of 865.7 %².
In CNK's tracked universe of 12 assets, MCS sits right near the top at #1. Correlation aside, the last 12 months split them widely, with MCS ahead by 48.7 points (+42.8% 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.
CNK vs MCS: side by side
| CNK (Cinemark Holdings Inc Cinemark Holdings, Inc.) | MCS (Marcus Corporation (The)) | |
|---|---|---|
| 1-year return | +42.8% | +91.5% |
| 5-year return | +119.9% | +106.8% |
| Volatility (ann.) | 40.6% | 35.9% |
| Beta vs S&P 500 | 0.29 | 0.53 |
| Max drawdown (3Y) | -38.4% | -42.9% |
| Market cap | $4.2B | $0.9B |
| P/E (trailing) | 20.8 | 40.2 |
| Dividend yield | 0.94% | 1.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNK | MCS |
|---|---|---|
| 2022 | -46.3% | -18.9% |
| 2023 | +62.7% | +2.9% |
| 2024 | +119.9% | +50.4% |
| 2025 | -24.1% | -26.6% |
| 2026 | +58.8% | +91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNK and MCS good diversifiers for each other?
Only partially. A correlation of 0.60 means CNK and MCS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CNK and MCS?
As of 2026-08-27, the correlation of weekly returns between CNK and MCS is 0.60 over 3 years, 0.71 over 1 year and 0.62 over 5 years.
Is MCS a good diversifier for CNK?
Only partially. A correlation of 0.60 means CNK and MCS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 mean?
A reading of 0.60 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/cnk-vs-mcs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnk-vs-mcs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNK correlations · MCS correlations
