DMC vs HCKT: Correlation
Del Monte Corporation (DMC) and The Hackett Group, Inc. (HCKT) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DMC and HCKT?
Over the past 3 years, DMC and HCKT moved with a correlation of 0.33, which is moderate. The link has tightened recently: the 1-year correlation (0.46) runs above the 3-year figure (0.33). Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 312.4 %².
Among the 17 assets we track against DMC, HCKT ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DMC outperformed by 33.0 percentage points (-11.1% for DMC against -44.1% for HCKT).
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.
DMC vs HCKT: side by side
| DMC (Del Monte Corporation) | HCKT (The Hackett Group, Inc.) | |
|---|---|---|
| 1-year return | -11.1% | -44.1% |
| 5-year return | +13.3% | -35.3% |
| Volatility (ann.) | 25.4% | 37.5% |
| Beta vs S&P 500 | -0.11 | 0.78 |
| Max drawdown (3Y) | -36.5% | -70.5% |
| Market cap | $1.5B | $0.3B |
| P/E (trailing) | 44.2 | 17.5 |
| Dividend yield | 3.80% | 4.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DMC | HCKT |
|---|---|---|
| 2022 | -3.0% | +1.5% |
| 2023 | +3.1% | +14.1% |
| 2024 | +31.3% | +37.3% |
| 2025 | +11.1% | -34.7% |
| 2026 | -9.6% | -41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DMC and HCKT good diversifiers for each other?
Reasonably. At 0.33, DMC and HCKT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DMC and HCKT?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.46 over the last year and 0.27 over 5 years.
Is HCKT a good diversifier for DMC?
Reasonably. At 0.33, DMC and HCKT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 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/dmc-vs-hckt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dmc-vs-hckt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DMC correlations · HCKT correlations
