MFIN vs UE: Correlation
Medallion Financial Corp. (MFIN) and Urban Edge Properties (UE) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MFIN and UE?
Across a 3-year window, the weekly returns of MFIN and UE correlate at 0.52, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.52 over 3 years. Stretching to 5 years gives 0.38, with an annualized covariance of 390.1 %².
Among the 14 assets we track against MFIN, UE ranks #4 by 3-year correlation. The trailing year gives MFIN the advantage: +18.4% versus +6.9%, a 11.5-point spread.
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.
MFIN vs UE: side by side
| MFIN (Medallion Financial Corp.) | UE (Urban Edge Properties) | |
|---|---|---|
| 1-year return | +18.4% | +6.9% |
| 5-year return | +74.5% | +37.5% |
| Volatility (ann.) | 32.3% | 23.3% |
| Beta vs S&P 500 | 0.90 | 0.70 |
| Max drawdown (3Y) | -30.8% | -29.7% |
| Market cap | $0.3B | $2.9B |
| P/E (trailing) | 8.8 | 40.2 |
| Dividend yield | 4.27% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MFIN | UE |
|---|---|---|
| 2022 | +28.4% | -22.8% |
| 2023 | +44.0% | +35.3% |
| 2024 | +0.1% | +21.7% |
| 2025 | +15.1% | -7.2% |
| 2026 | +19.5% | +13.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MFIN and UE good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MFIN and UE?
As of 2026-08-27, the correlation of weekly returns between MFIN and UE is 0.52 over 3 years, 0.30 over 1 year and 0.38 over 5 years.
Is UE a good diversifier for MFIN?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/mfin-vs-ue.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mfin-vs-ue/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MFIN correlations · UE correlations
