MCS vs SPRB: Correlation
How closely do Marcus Corporation (The) (MCS) and Spruce Biosciences, Inc. (SPRB) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCS and SPRB?
On 3 years of weekly data the MCS/SPRB correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.19). The 5-year figure is -0.15, and annualized covariance runs at -7468.8 %².
Out of 12 assets tracked against MCS, SPRB lands near the bottom at #11. The last year tells two different stories: SPRB led by 654.8 percentage points, +91.5% for MCS against +746.3% for SPRB. Note the risk asymmetry: SPRB runs 30.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MCS vs SPRB: side by side
| MCS (Marcus Corporation (The)) | SPRB (Spruce Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +91.5% | +746.3% |
| 5-year return | +106.8% | -99.8% |
| Volatility (ann.) | 35.9% | 1086.4% |
| Beta vs S&P 500 | 0.53 | -7.82 |
| Max drawdown (3Y) | -42.9% | -100.0% |
| Market cap | $0.9B | $0.2B |
| P/E (trailing) | 40.2 | – |
| Dividend yield | 1.08% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCS | SPRB |
|---|---|---|
| 2022 | -18.9% | -75.4% |
| 2023 | +2.9% | +167.1% |
| 2024 | +50.4% | -85.7% |
| 2025 | -26.6% | -96.3% |
| 2026 | +91.6% | -27.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCS and SPRB good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MCS and SPRB?
As of 2026-08-27, the correlation of weekly returns between MCS and SPRB is -0.19 over 3 years, -0.33 over 1 year and -0.15 over 5 years.
Is SPRB a good diversifier for MCS?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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/mcs-vs-sprb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mcs-vs-sprb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MCS correlations · SPRB correlations
