IMCC vs TLYS: Correlation
How closely do IM Cannabis Corp. (IMCC) and Tilly's, Inc. (TLYS) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMCC and TLYS?
Over the past 3 years, IMCC and TLYS moved with a correlation of 0.37, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.37 over 3 years. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 6265.5 %².
Within IMCC's tracked universe of 14 assets, TLYS comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TLYS ahead by 199.5 points (-94.2% versus +105.3%). Risk is not evenly split, since IMCC carries 1.8 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.
IMCC vs TLYS: side by side
| IMCC (IM Cannabis Corp.) | TLYS (Tilly's, Inc.) | |
|---|---|---|
| 1-year return | -94.2% | +105.3% |
| 5-year return | -99.9% | -74.2% |
| Volatility (ann.) | 174.2% | 96.5% |
| Beta vs S&P 500 | 1.11 | 0.68 |
| Max drawdown (3Y) | -98.4% | -92.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMCC | TLYS |
|---|---|---|
| 2022 | -97.1% | -43.8% |
| 2023 | -63.4% | -16.7% |
| 2024 | +8.8% | -43.6% |
| 2025 | -40.4% | -53.2% |
| 2026 | -90.6% | +93.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMCC and TLYS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between IMCC and TLYS?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.21 over the last year and 0.35 over 5 years.
Is TLYS a good diversifier for IMCC?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/imcc-vs-tlys.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/imcc-vs-tlys/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IMCC correlations · TLYS correlations
