LION vs MCS: Correlation
Measured on weekly returns over the past three years, Lionsgate Studios Corp (LION) and Marcus Corporation (The) (MCS) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LION and MCS?
Over the past 3 years, LION and MCS moved with a correlation of 0.32, which is moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 539.7 %².
By 3-year correlation, MCS places #5 of the 10 assets tracked against LION. On 12-month performance MCS holds a 12.6-point edge, +78.9% against +91.5%.
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.
LION vs MCS: side by side
| LION (Lionsgate Studios Corp) | MCS (Marcus Corporation (The)) | |
|---|---|---|
| 1-year return | +78.9% | +91.5% |
| 5-year return | +19.0% | +106.8% |
| Volatility (ann.) | 46.5% | 35.9% |
| Beta vs S&P 500 | 0.70 | 0.53 |
| Max drawdown (3Y) | -55.4% | -42.9% |
| Market cap | $3.4B | $0.9B |
| P/E (trailing) | – | 40.2 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LION | MCS |
|---|---|---|
| 2022 | – | -18.9% |
| 2023 | +6.6% | +2.9% |
| 2024 | -28.3% | +50.4% |
| 2025 | +20.1% | -26.6% |
| 2026 | +26.4% | +91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LION and MCS good diversifiers for each other?
Reasonably. At 0.32, LION and MCS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LION and MCS?
The LION/MCS correlation stands at 0.32 on a 3-year window (1 year: 0.38, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is MCS a good diversifier for LION?
Reasonably. At 0.32, LION and MCS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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/lion-vs-mcs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lion-vs-mcs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LION correlations · MCS correlations
