CUZ vs MAT: Correlation
Measured on weekly returns over the past three years, Cousins Properties Incorporated (CUZ) and Mattel, Inc. (MAT) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CUZ and MAT?
On 3 years of weekly data the CUZ/MAT correlation comes out at 0.47, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.58 versus 0.47 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 441.8 %².
By 3-year correlation, MAT places #12 of the 19 assets tracked against CUZ. Correlation aside, the last 12 months split them widely, with CUZ ahead by 26.5 points (+7.0% versus -19.5%).
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.
CUZ vs MAT: side by side
| CUZ (Cousins Properties Incorporated) | MAT (Mattel, Inc.) | |
|---|---|---|
| 1-year return | +7.0% | -19.5% |
| 5-year return | -3.8% | -31.2% |
| Volatility (ann.) | 27.6% | 34.0% |
| Beta vs S&P 500 | 0.82 | 0.87 |
| Max drawdown (3Y) | -29.4% | -41.5% |
| Market cap | $4.9B | $4.3B |
| P/E (trailing) | 737.2 | 11.1 |
| Dividend yield | 4.32% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CUZ | MAT |
|---|---|---|
| 2022 | -34.7% | -17.3% |
| 2023 | +2.0% | +5.8% |
| 2024 | +32.6% | -6.1% |
| 2025 | -12.1% | +11.9% |
| 2026 | +18.7% | -24.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CUZ and MAT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CUZ and MAT?
The CUZ/MAT correlation stands at 0.47 on a 3-year window (1 year: 0.58, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is MAT a good diversifier for CUZ?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/cuz-vs-mat.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cuz-vs-mat/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CUZ correlations · MAT correlations
