MCO vs NYT: Correlation
How closely do Moody's Corporation (MCO) and New York Times Company (The) (NYT) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCO and NYT?
On 3 years of weekly data the MCO/NYT correlation comes out at 0.37, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.37 over 3. The 5-year figure is 0.40, and annualized covariance runs at 233.7 %².
Within MCO's tracked universe of 53 assets, NYT comes in at #42 by 3-year correlation. On 12-month performance NYT holds a 14.5-point edge, +0.7% against +15.2%.
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.
MCO vs NYT: side by side
| MCO (Moody's Corporation) | NYT (New York Times Company (The)) | |
|---|---|---|
| 1-year return | +0.7% | +15.2% |
| 5-year return | +39.4% | +42.2% |
| Volatility (ann.) | 25.8% | 24.5% |
| Beta vs S&P 500 | 1.08 | 0.35 |
| Max drawdown (3Y) | -24.7% | -25.8% |
| Market cap | $88.2B | $11.0B |
| P/E (trailing) | 32.7 | 28.4 |
| Dividend yield | 0.77% | 1.20% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | MCO | NYT |
|---|---|---|
| 2022 | -28.0% | -32.2% |
| 2023 | +41.5% | +52.6% |
| 2024 | +22.2% | +7.3% |
| 2025 | +8.7% | +35.1% |
| 2026 | +0.3% | -1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCO and NYT good diversifiers for each other?
Reasonably. At 0.37, MCO and NYT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MCO and NYT?
As of 2026-08-27, the correlation of weekly returns between MCO and NYT is 0.37 over 3 years, 0.37 over 1 year and 0.40 over 5 years.
Is NYT a good diversifier for MCO?
Reasonably. At 0.37, MCO and NYT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/mco-vs-nyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mco-vs-nyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCO correlations · NYT correlations
