DDC vs IMCC: Correlation
How closely do DDC Enterprise Limited Class A (DDC) and IM Cannabis Corp. (IMCC) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDC and IMCC?
On 3 years of weekly data the DDC/IMCC correlation comes out at 0.32, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.07 versus 0.32 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 9182.5 %².
Within DDC's tracked universe of 11 assets, IMCC comes in at #5 by 3-year correlation. Twelve-month performance is nearly a tie, at -95.7% for DDC and -94.2% for IMCC.
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.
DDC vs IMCC: side by side
| DDC (DDC Enterprise Limited Class A) | IMCC (IM Cannabis Corp.) | |
|---|---|---|
| 1-year return | -95.7% | -94.2% |
| 5-year return | n/a | -99.9% |
| Volatility (ann.) | 158.5% | 174.2% |
| Beta vs S&P 500 | 2.55 | 1.11 |
| Max drawdown (3Y) | -99.8% | -98.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DDC | IMCC |
|---|---|---|
| 2022 | – | -97.1% |
| 2023 | – | -63.4% |
| 2024 | -96.3% | +8.8% |
| 2025 | -53.1% | -40.4% |
| 2026 | -73.6% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDC and IMCC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DDC and IMCC?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.07 over the last year and n/a over 5 years.
Is IMCC a good diversifier for DDC?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ddc-vs-imcc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ddc-vs-imcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDC correlations · IMCC correlations
