DMRC vs FABC: Correlation
Measured on weekly returns over the past three years, Digimarc Corporation (DMRC) and Fabric.AI, Inc. (FABC) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DMRC and FABC?
On 3 years of weekly data the DMRC/FABC correlation comes out at 0.42, moderate. The link has tightened recently: the 1-year correlation (0.66) runs above the 3-year figure (0.42). The 5-year figure is 0.38, and annualized covariance runs at 2925.3 %².
Among the 16 assets we track against DMRC, FABC ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DMRC outperformed by 26.6 percentage points (-26.1% for DMRC against -52.7% for FABC).
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.
DMRC vs FABC: side by side
| DMRC (Digimarc Corporation) | FABC (Fabric.AI, Inc.) | |
|---|---|---|
| 1-year return | -26.1% | -52.7% |
| 5-year return | -77.7% | -99.5% |
| Volatility (ann.) | 76.3% | 91.5% |
| Beta vs S&P 500 | 2.38 | 1.87 |
| Max drawdown (3Y) | -90.8% | -97.7% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DMRC | FABC |
|---|---|---|
| 2022 | -53.2% | -76.4% |
| 2023 | +95.3% | -42.1% |
| 2024 | +3.7% | -61.4% |
| 2025 | -82.5% | -77.5% |
| 2026 | -4.9% | +13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DMRC and FABC good diversifiers for each other?
Reasonably. At 0.42, DMRC and FABC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DMRC and FABC?
The DMRC/FABC correlation stands at 0.42 on a 3-year window (1 year: 0.66, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is FABC a good diversifier for DMRC?
Reasonably. At 0.42, DMRC and FABC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/dmrc-vs-fabc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dmrc-vs-fabc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DMRC correlations · FABC correlations
