LUCD vs MCI: Correlation
Lucid Diagnostics Inc. (LUCD) and Barings Corporate Investors (MCI) show a weak relationship: their 3-year correlation of weekly returns is 0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LUCD and MCI?
On 3 years of weekly data the LUCD/MCI correlation comes out at 0.27, weak. The past 12 months show a weaker link (0.02) than the 3-year average (0.27). The 5-year figure is 0.27, and annualized covariance runs at 443.3 %².
By 3-year correlation, MCI places #6 of the 11 assets tracked against LUCD. The trailing year gives MCI the advantage: -21.9% versus -7.7%, a 14.2-point spread. One caveat on sizing: LUCD is 2.5 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.
LUCD vs MCI: side by side
| LUCD (Lucid Diagnostics Inc.) | MCI (Barings Corporate Investors) | |
|---|---|---|
| 1-year return | -21.9% | -7.7% |
| 5-year return | -91.6% | +77.0% |
| Volatility (ann.) | 64.4% | 25.3% |
| Beta vs S&P 500 | 0.32 | 0.13 |
| Max drawdown (3Y) | -59.4% | -27.9% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | – | 13.2 |
| Dividend yield | 0.00% | 8.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LUCD | MCI |
|---|---|---|
| 2022 | -74.7% | -5.9% |
| 2023 | +3.7% | +44.5% |
| 2024 | -41.9% | +20.8% |
| 2025 | +33.1% | -3.7% |
| 2026 | -9.7% | +3.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LUCD and MCI good diversifiers for each other?
Reasonably. At 0.27, LUCD and MCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LUCD and MCI?
The LUCD/MCI correlation stands at 0.27 on a 3-year window (1 year: 0.02, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is MCI a good diversifier for LUCD?
Reasonably. At 0.27, LUCD and MCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.27 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/lucd-vs-mci.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lucd-vs-mci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LUCD correlations · MCI correlations
