MACI vs TRON: Correlation
How closely do Melar Acquisition Corp. I - Class A (MACI) and Tron Inc. (TRON) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MACI and TRON?
Over the past 3 years, MACI and TRON moved with a correlation of 0.33, which is moderate. The link has loosened recently: the 1-year correlation (-0.17) runs below the 3-year figure (0.33). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 324.3 %².
TRON is one of the assets that tracks MACI most closely: it ranks #1 out of the 71 assets we track against MACI. Correlation aside, the last 12 months split them widely, with MACI ahead by 61.2 points (+4.4% versus -56.8%). Risk is not evenly split, since TRON carries 194.5 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.
MACI vs TRON: side by side
| MACI (Melar Acquisition Corp. I - Class A) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | +4.4% | -56.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 2.1% | 408.5% |
| Beta vs S&P 500 | -0.03 | 0.10 |
| Max drawdown (3Y) | -2.0% | -91.5% |
| Market cap | $0.2B | $1.0B |
| P/E (trailing) | 60.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MACI | TRON |
|---|---|---|
| 2024 | – | -59.4% |
| 2025 | +5.7% | +97.1% |
| 2026 | +3.1% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MACI and TRON good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MACI and TRON?
As of 2026-08-27, the correlation of weekly returns between MACI and TRON is 0.33 over 3 years, -0.17 over 1 year and n/a over 5 years.
Is TRON a good diversifier for MACI?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
A reading of 0.33 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/maci-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/maci-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MACI correlations · TRON correlations
