MC vs PJT: Correlation
Moelis & Company (MC) and PJT Partners Inc. (PJT) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MC and PJT?
Over the past 3 years, MC and PJT moved with a correlation of 0.77, which is strong. The relationship has been stable: the 1-year correlation (0.79) sits close to the 3-year figure. Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 793.9 %².
Within MC's tracked universe of 14 assets, PJT comes in at #4 by 3-year correlation. Neither side won the trailing year by much: -1.5% against -1.2%.
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.
MC vs PJT: side by side
| MC (Moelis & Company) | PJT (PJT Partners Inc.) | |
|---|---|---|
| 1-year return | -1.5% | -1.2% |
| 5-year return | +42.5% | +143.7% |
| Volatility (ann.) | 35.1% | 29.4% |
| Beta vs S&P 500 | 1.41 | 1.08 |
| Max drawdown (3Y) | -39.3% | -32.5% |
| Market cap | $5.1B | $7.6B |
| P/E (trailing) | 23.4 | 24.3 |
| Dividend yield | 3.87% | 0.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MC | PJT |
|---|---|---|
| 2022 | -35.2% | +0.9% |
| 2023 | +54.9% | +40.0% |
| 2024 | +37.1% | +56.2% |
| 2025 | -3.1% | +6.6% |
| 2026 | +2.9% | +7.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MC and PJT good diversifiers for each other?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MC and PJT?
The MC/PJT correlation stands at 0.77 on a 3-year window (1 year: 0.79, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is PJT a good diversifier for MC?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.77 mean?
On the −1 to +1 scale, 0.77 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/mc-vs-pjt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mc-vs-pjt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MC correlations · PJT correlations
