DJCO vs TAYD: Correlation
Daily Journal Corp. (S.C.) (DJCO) and Taylor Devices, Inc. (TAYD) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DJCO and TAYD?
Over the past 3 years, DJCO and TAYD moved with a correlation of 0.32, which is moderate. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.18, and the annualized covariance of weekly returns is 700.4 %².
Within DJCO's tracked universe of 11 assets, TAYD comes in at #6 by 3-year correlation. The trailing year gives DJCO the advantage: +35.1% versus +26.6%, a 8.5-point spread.
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.
DJCO vs TAYD: side by side
| DJCO (Daily Journal Corp. (S.C.)) | TAYD (Taylor Devices, Inc.) | |
|---|---|---|
| 1-year return | +35.1% | +26.6% |
| 5-year return | +91.2% | +405.0% |
| Volatility (ann.) | 39.6% | 55.2% |
| Beta vs S&P 500 | 0.79 | 0.59 |
| Max drawdown (3Y) | -38.0% | -52.7% |
| Market cap | $0.9B | $0.2B |
| P/E (trailing) | – | 23.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DJCO | TAYD |
|---|---|---|
| 2022 | -29.8% | +29.9% |
| 2023 | +36.1% | +56.0% |
| 2024 | +66.7% | +88.1% |
| 2025 | -14.2% | +40.5% |
| 2026 | +29.5% | +4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DJCO and TAYD good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DJCO and TAYD?
As of 2026-08-27, the correlation of weekly returns between DJCO and TAYD is 0.32 over 3 years, 0.29 over 1 year and 0.18 over 5 years.
Is TAYD a good diversifier for DJCO?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 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
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Related comparisons
Hubs: DJCO correlations · TAYD correlations
