DSY vs MACI: Correlation
Big Tree Cloud Holdings Limited - Class A (DSY) and Melar Acquisition Corp. I - Class A (MACI) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSY and MACI?
On 3 years of weekly data the DSY/MACI correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.42) than the 3-year average (-0.20). The 5-year figure is n/a, and annualized covariance runs at -76.8 %².
MACI is close to the least connected end of DSY's tracked universe, ranking #9 of 10. Their recent paths diverged sharply: over the last 12 months MACI outperformed by 86.2 percentage points (-81.8% for DSY against +4.4% for MACI). Note the risk asymmetry: DSY runs 80.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DSY vs MACI: side by side
| DSY (Big Tree Cloud Holdings Limited - Class A) | MACI (Melar Acquisition Corp. I - Class A) | |
|---|---|---|
| 1-year return | -81.8% | +4.4% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 168.9% | 2.1% |
| Beta vs S&P 500 | 1.72 | -0.03 |
| Max drawdown (3Y) | -99.2% | -2.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 60.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSY | MACI |
|---|---|---|
| 2024 | -70.4% | – |
| 2025 | -91.3% | +5.7% |
| 2026 | -28.0% | +3.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSY and MACI good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DSY and MACI?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.42 over the last year and n/a over 5 years.
Is MACI a good diversifier for DSY?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
A reading of -0.20 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/dsy-vs-maci.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dsy-vs-maci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DSY correlations · MACI correlations
