DMC vs PINS: Correlation
Measured on weekly returns over the past three years, Del Monte Corporation (DMC) and Pinterest, Inc. (PINS) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DMC and PINS?
Across a 3-year window, the weekly returns of DMC and PINS correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.09) runs above the 3-year figure (-0.24). Stretching to 5 years gives -0.10, with an annualized covariance of -295.0 %².
Among the 17 assets we track against DMC, PINS sits near the bottom by co-movement, at rank #15. Correlation aside, the last 12 months split them widely, with DMC ahead by 25.6 points (-11.1% versus -36.7%). One caveat on sizing: PINS is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 PINS: side by side
| DMC (Del Monte Corporation) | PINS (Pinterest, Inc.) | |
|---|---|---|
| 1-year return | -11.1% | -36.7% |
| 5-year return | +13.3% | -59.5% |
| Volatility (ann.) | 25.4% | 48.1% |
| Beta vs S&P 500 | -0.11 | 1.48 |
| Max drawdown (3Y) | -36.5% | -65.7% |
| Market cap | $1.5B | $13.0B |
| P/E (trailing) | 44.2 | 69.3 |
| Dividend yield | 3.80% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DMC | PINS |
|---|---|---|
| 2022 | -3.0% | -33.2% |
| 2023 | +3.1% | +52.6% |
| 2024 | +31.3% | -21.7% |
| 2025 | +11.1% | -10.7% |
| 2026 | -9.6% | -11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DMC and PINS good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DMC and PINS?
The DMC/PINS correlation stands at -0.24 on a 3-year window (1 year: -0.09, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is PINS a good diversifier for DMC?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dmc-vs-pins.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dmc-vs-pins/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DMC correlations · PINS correlations
