MCHP vs QUCY: Correlation
How closely do Microchip Technology (MCHP) and Quantum Cyber N.V. (QUCY) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCHP and QUCY?
Over the past 3 years, MCHP and QUCY moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.10 over 1 year against -0.17 over 3. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -14839.9 %².
Among the 44 assets we track against MCHP, QUCY ranks #36 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MCHP outperformed by 25.5 percentage points (+16.2% for MCHP against -9.3% for QUCY). Risk is not evenly split, since QUCY carries 39.4 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.
MCHP vs QUCY: side by side
| MCHP (Microchip Technology) | QUCY (Quantum Cyber N.V.) | |
|---|---|---|
| 1-year return | +16.2% | -9.3% |
| 5-year return | +5.9% | -94.4% |
| Volatility (ann.) | 46.7% | 1840.9% |
| Beta vs S&P 500 | 1.97 | 3.76 |
| Max drawdown (3Y) | -63.8% | -95.9% |
| Market cap | $41.0B | $0.1B |
| P/E (trailing) | 109.4 | – |
| Dividend yield | 2.46% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | MCHP | QUCY |
|---|---|---|
| 2022 | -18.0% | -31.7% |
| 2023 | +30.9% | -83.7% |
| 2024 | -35.0% | +272.4% |
| 2025 | +14.6% | -74.1% |
| 2026 | +20.5% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCHP and QUCY good diversifiers for each other?
Yes. With a correlation of -0.17, MCHP and QUCY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MCHP and QUCY?
The MCHP/QUCY correlation stands at -0.17 on a 3-year window (1 year: -0.10, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is QUCY a good diversifier for MCHP?
Yes. With a correlation of -0.17, MCHP and QUCY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 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/mchp-vs-qucy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mchp-vs-qucy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCHP correlations · QUCY correlations
