DFIN vs NRC: Correlation
How closely do Donnelley Financial Solutions, Inc. (DFIN) and NRC Health (NRC) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFIN and NRC?
On 3 years of weekly data the DFIN/NRC correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.42 over 3. The 5-year figure is 0.39, and annualized covariance runs at 847.7 %².
Among the 14 assets we track against DFIN, NRC ranks #9 by 3-year correlation. The last year tells two different stories: NRC led by 62.7 percentage points, -15.6% for DFIN against +47.1% for NRC.
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.
DFIN vs NRC: side by side
| DFIN (Donnelley Financial Solutions, Inc.) | NRC (NRC Health) | |
|---|---|---|
| 1-year return | -15.6% | +47.1% |
| 5-year return | +44.0% | -53.4% |
| Volatility (ann.) | 42.1% | 48.5% |
| Beta vs S&P 500 | 1.09 | 0.51 |
| Max drawdown (3Y) | -47.4% | -77.6% |
| Market cap | $1.2B | $0.5B |
| P/E (trailing) | 30.9 | 91.7 |
| Dividend yield | 0.00% | 2.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFIN | NRC |
|---|---|---|
| 2022 | -18.0% | -8.2% |
| 2023 | +61.4% | +9.6% |
| 2024 | +0.6% | -54.5% |
| 2025 | -25.6% | +10.0% |
| 2026 | +2.7% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFIN and NRC good diversifiers for each other?
Reasonably. At 0.42, DFIN and NRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DFIN and NRC?
As of 2026-08-27, the correlation of weekly returns between DFIN and NRC is 0.42 over 3 years, 0.40 over 1 year and 0.39 over 5 years.
Is NRC a good diversifier for DFIN?
Reasonably. At 0.42, DFIN and NRC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/dfin-vs-nrc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfin-vs-nrc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFIN correlations · NRC correlations
