GURE vs MKC: Correlation
How closely do Gulf Resources, Inc. (GURE) and McCormick & Company (MKC) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GURE and MKC?
Over the past 3 years, GURE and MKC moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.19 over 3. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -701.1 %².
By 3-year correlation, MKC places #11 of the 23 assets tracked against GURE. Correlation aside, the last 12 months split them widely, with MKC ahead by 32.2 points (-52.5% versus -20.3%). One caveat on sizing: GURE is 5.2 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.
GURE vs MKC: side by side
| GURE (Gulf Resources, Inc.) | MKC (McCormick & Company) | |
|---|---|---|
| 1-year return | -52.5% | -20.3% |
| 5-year return | -92.1% | -28.5% |
| Volatility (ann.) | 137.7% | 26.5% |
| Beta vs S&P 500 | -0.30 | 0.24 |
| Max drawdown (3Y) | -88.1% | -44.3% |
| Market cap | – | $14.7B |
| P/E (trailing) | – | 9.2 |
| Dividend yield | 0.00% | 3.38% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | GURE | MKC |
|---|---|---|
| 2022 | -28.6% | -12.7% |
| 2023 | -46.6% | -15.7% |
| 2024 | -65.5% | +14.0% |
| 2025 | -35.1% | -8.3% |
| 2026 | -7.6% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GURE and MKC good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between GURE and MKC?
As of 2026-08-27, the correlation of weekly returns between GURE and MKC is -0.19 over 3 years, -0.28 over 1 year and -0.15 over 5 years.
Is MKC a good diversifier for GURE?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/gure-vs-mkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gure-vs-mkc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GURE correlations · MKC correlations
