MAC vs PLTK: Correlation
Macerich Company (The) (MAC) and Playtika Holding Corp. (PLTK) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAC and PLTK?
Across a 3-year window, the weekly returns of MAC and PLTK correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 819.9 %².
Within MAC's tracked universe of 19 assets, PLTK comes in at #12 by 3-year correlation. The last year tells two different stories: MAC led by 69.2 percentage points, +34.5% for MAC against -34.7% for PLTK.
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.
MAC vs PLTK: side by side
| MAC (Macerich Company (The)) | PLTK (Playtika Holding Corp.) | |
|---|---|---|
| 1-year return | +34.5% | -34.7% |
| 5-year return | +75.7% | -89.9% |
| Volatility (ann.) | 36.7% | 50.5% |
| Beta vs S&P 500 | 1.22 | 1.02 |
| Max drawdown (3Y) | -39.6% | -75.1% |
| Market cap | $7.1B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 2.81% | 8.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAC | PLTK |
|---|---|---|
| 2022 | -31.6% | -50.8% |
| 2023 | +45.7% | +2.5% |
| 2024 | +34.5% | -16.1% |
| 2025 | -3.7% | -37.2% |
| 2026 | +31.6% | -41.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAC and PLTK good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MAC and PLTK?
The MAC/PLTK correlation stands at 0.44 on a 3-year window (1 year: 0.48, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is PLTK a good diversifier for MAC?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mac-vs-pltk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mac-vs-pltk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MAC correlations · PLTK correlations
