DCO vs MRCY: Correlation
Ducommun Incorporated (DCO) and Mercury Systems Inc (MRCY) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCO and MRCY?
On 3 years of weekly data the DCO/MRCY correlation comes out at 0.48, moderate. Recent behaviour matches the longer record: 0.57 over 1 year against 0.48 over 3. The 5-year figure is 0.43, and annualized covariance runs at 708.8 %².
Among the 12 assets we track against DCO, MRCY ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DCO outperformed by 66.7 percentage points (+99.5% for DCO against +32.8% for MRCY). Note the risk asymmetry: MRCY runs 1.6 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.
DCO vs MRCY: side by side
| DCO (Ducommun Incorporated) | MRCY (Mercury Systems Inc) | |
|---|---|---|
| 1-year return | +99.5% | +32.8% |
| 5-year return | +248.0% | +79.4% |
| Volatility (ann.) | 30.0% | 48.8% |
| Beta vs S&P 500 | 0.78 | 1.23 |
| Max drawdown (3Y) | -23.5% | -35.0% |
| Market cap | $2.8B | $5.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCO | MRCY |
|---|---|---|
| 2022 | +6.8% | -18.7% |
| 2023 | +4.2% | -18.3% |
| 2024 | +22.3% | +14.8% |
| 2025 | +49.4% | +73.8% |
| 2026 | +93.3% | +23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCO and MRCY good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DCO and MRCY?
As of 2026-08-27, the correlation of weekly returns between DCO and MRCY is 0.48 over 3 years, 0.57 over 1 year and 0.43 over 5 years.
Is MRCY a good diversifier for DCO?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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/dco-vs-mrcy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dco-vs-mrcy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DCO correlations · MRCY correlations
