DOCU vs JCTC: Correlation
Measured on weekly returns over the past three years, DocuSign, Inc. (DOCU) and Jewett-Cameron Trading Company (JCTC) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOCU and JCTC?
Over the past 3 years, DOCU and JCTC moved with a correlation of 0.31, which is moderate. The link has tightened recently: the 1-year correlation (0.50) runs above the 3-year figure (0.31). Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 657.5 %².
Out of 13 assets tracked against DOCU, JCTC lands near the bottom at #10. Neither side won the trailing year by much: -14.6% against -18.8%.
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.
DOCU vs JCTC: side by side
| DOCU (DocuSign, Inc.) | JCTC (Jewett-Cameron Trading Company) | |
|---|---|---|
| 1-year return | -14.6% | -18.8% |
| 5-year return | -79.0% | -72.2% |
| Volatility (ann.) | 48.0% | 44.2% |
| Beta vs S&P 500 | 1.22 | 0.37 |
| Max drawdown (3Y) | -61.0% | -74.1% |
| Market cap | $12.2B | – |
| P/E (trailing) | 41.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOCU | JCTC |
|---|---|---|
| 2022 | -63.6% | -32.4% |
| 2023 | +7.3% | -4.7% |
| 2024 | +51.3% | -14.5% |
| 2025 | -23.9% | -51.5% |
| 2026 | -6.7% | +30.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOCU and JCTC good diversifiers for each other?
Reasonably. At 0.31, DOCU and JCTC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DOCU and JCTC?
As of 2026-08-27, the correlation of weekly returns between DOCU and JCTC is 0.31 over 3 years, 0.50 over 1 year and 0.22 over 5 years.
Is JCTC a good diversifier for DOCU?
Reasonably. At 0.31, DOCU and JCTC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/docu-vs-jctc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/docu-vs-jctc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DOCU correlations · JCTC correlations
