ITIC vs MAYS: Correlation
Measured on weekly returns over the past three years, Investors Title Company (ITIC) and J. W. Mays, Inc. (MAYS) carry a correlation of -0.35, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITIC and MAYS?
Across a 3-year window, the weekly returns of ITIC and MAYS correlate at -0.35, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.56) runs below the 3-year figure (-0.35). Stretching to 5 years gives -0.19, with an annualized covariance of -387.5 %².
Out of 16 assets tracked against ITIC, MAYS lands near the bottom at #15. The trailing year gives ITIC the advantage: +27.9% versus +12.9%, a 15.0-point spread.
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.
ITIC vs MAYS: side by side
| ITIC (Investors Title Company) | MAYS (J. W. Mays, Inc.) | |
|---|---|---|
| 1-year return | +27.9% | +12.9% |
| 5-year return | +107.1% | +34.4% |
| Volatility (ann.) | 33.1% | 33.2% |
| Beta vs S&P 500 | 0.67 | 0.03 |
| Max drawdown (3Y) | -28.9% | -30.9% |
| Market cap | $0.6B | $0.1B |
| P/E (trailing) | 14.3 | – |
| Dividend yield | 0.60% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ITIC | MAYS |
|---|---|---|
| 2022 | -22.8% | +18.4% |
| 2023 | +14.3% | -12.7% |
| 2024 | +55.0% | +4.8% |
| 2025 | +9.7% | -9.2% |
| 2026 | +22.3% | +5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITIC and MAYS 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 ITIC and MAYS?
As of 2026-08-27, the correlation of weekly returns between ITIC and MAYS is -0.35 over 3 years, -0.56 over 1 year and -0.19 over 5 years.
Is MAYS a good diversifier for ITIC?
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?
On the −1 to +1 scale, -0.35 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/itic-vs-mays.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/itic-vs-mays/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ITIC correlations · MAYS correlations
