FUBO vs MCY: Correlation
FuboTV Inc. (FUBO) and Mercury General Corporation (MCY) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and MCY?
Across a 3-year window, the weekly returns of FUBO and MCY correlate at -0.35, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.04) runs above the 3-year figure (-0.35). Stretching to 5 years gives -0.23, with an annualized covariance of -2050.3 %².
Out of 28 assets tracked against FUBO, MCY lands near the bottom at #27. The last year tells two different stories: MCY led by 109.4 percentage points, -75.3% for FUBO against +34.1% for MCY. Risk is not evenly split, since FUBO carries 4.6 times the volatility of the other side.
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.
FUBO vs MCY: side by side
| FUBO (FuboTV Inc.) | MCY (Mercury General Corporation) | |
|---|---|---|
| 1-year return | -75.3% | +34.1% |
| 5-year return | -96.9% | +99.9% |
| Volatility (ann.) | 164.3% | 35.8% |
| Beta vs S&P 500 | 0.34 | 0.75 |
| Max drawdown (3Y) | -87.7% | -40.0% |
| Market cap | $0.3B | – |
| P/E (trailing) | 2.7 | 6.2 |
| Dividend yield | 0.00% | 1.21% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUBO | MCY |
|---|---|---|
| 2022 | -88.8% | -32.6% |
| 2023 | +82.8% | +13.6% |
| 2024 | -60.4% | +82.3% |
| 2025 | +100.0% | +44.1% |
| 2026 | -66.6% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and MCY good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FUBO and MCY?
The FUBO/MCY correlation stands at -0.35 on a 3-year window (1 year: -0.04, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is MCY a good diversifier for FUBO?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 mean?
A reading of -0.35 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/fubo-vs-mcy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fubo-vs-mcy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FUBO correlations · MCY correlations
