LAW vs MRX: Correlation
CS Disco, Inc. (LAW) and Marex Group Limited (MRX) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAW and MRX?
Across a 3-year window, the weekly returns of LAW and MRX correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.22). Stretching to 5 years gives n/a, with an annualized covariance of -561.6 %².
Among the 19 assets we track against LAW, MRX sits near the bottom by co-movement, at rank #17. Their recent paths diverged sharply: over the last 12 months MRX outperformed by 114.0 percentage points (-14.4% for LAW against +99.6% for MRX). Risk is not evenly split, since LAW carries 1.6 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.
LAW vs MRX: side by side
| LAW (CS Disco, Inc.) | MRX (Marex Group Limited) | |
|---|---|---|
| 1-year return | -14.4% | +99.6% |
| 5-year return | -91.3% | n/a |
| Volatility (ann.) | 62.8% | 39.3% |
| Beta vs S&P 500 | 0.96 | 0.44 |
| Max drawdown (3Y) | -71.7% | -41.1% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | 14.6 |
| Dividend yield | 0.00% | 1.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAW | MRX |
|---|---|---|
| 2022 | -82.3% | – |
| 2023 | +20.1% | – |
| 2024 | -34.3% | – |
| 2025 | +55.5% | +25.1% |
| 2026 | -43.2% | +87.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAW and MRX good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LAW and MRX?
The LAW/MRX correlation stands at -0.22 on a 3-year window (1 year: -0.40, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MRX a good diversifier for LAW?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/law-vs-mrx.json
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Related comparisons
Hubs: LAW correlations · MRX correlations
