MDRR vs STZ: Correlation
Medalist Diversified, Inc. (MDRR) and Constellation Brands (STZ) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDRR and STZ?
Over the past 3 years, MDRR and STZ moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus -0.21 over 3 years. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -160.4 %².
By 3-year correlation, STZ places #27 of the 36 assets tracked against MDRR. Their recent paths diverged sharply: over the last 12 months MDRR outperformed by 20.5 percentage points (+4.8% for MDRR against -15.7% for STZ).
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.
MDRR vs STZ: side by side
| MDRR (Medalist Diversified, Inc.) | STZ (Constellation Brands) | |
|---|---|---|
| 1-year return | +4.8% | -15.7% |
| 5-year return | -31.3% | -31.9% |
| Volatility (ann.) | 28.1% | 26.6% |
| Beta vs S&P 500 | -0.02 | 0.41 |
| Max drawdown (3Y) | -29.5% | -51.3% |
| Market cap | – | $22.4B |
| P/E (trailing) | 3.1 | 12.8 |
| Dividend yield | 2.21% | 3.04% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | MDRR | STZ |
|---|---|---|
| 2022 | -37.3% | -6.4% |
| 2023 | -4.0% | +5.8% |
| 2024 | +28.6% | -7.1% |
| 2025 | -5.5% | -36.0% |
| 2026 | -0.7% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDRR and STZ good diversifiers for each other?
Yes. With a correlation of -0.21, MDRR and STZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MDRR and STZ?
The MDRR/STZ correlation stands at -0.21 on a 3-year window (1 year: -0.33, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is STZ a good diversifier for MDRR?
Yes. With a correlation of -0.21, MDRR and STZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/mdrr-vs-stz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mdrr-vs-stz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MDRR correlations · STZ correlations
