MKZR vs PAVM: Correlation
Measured on weekly returns over the past three years, MacKenzie Realty Capital, Inc. (MKZR) and PAVmed Inc. (PAVM) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKZR and PAVM?
Across a 3-year window, the weekly returns of MKZR and PAVM correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.06) than the 3-year average (-0.18). Stretching to 5 years gives n/a, with an annualized covariance of -1544.2 %².
Within MKZR's tracked universe of 23 assets, PAVM comes in at #10 by 3-year correlation. The trailing year gives PAVM the advantage: -75.7% versus -64.9%, a 10.8-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.
MKZR vs PAVM: side by side
| MKZR (MacKenzie Realty Capital, Inc.) | PAVM (PAVmed Inc.) | |
|---|---|---|
| 1-year return | -75.7% | -64.9% |
| 5-year return | n/a | -99.8% |
| Volatility (ann.) | 91.6% | 102.0% |
| Beta vs S&P 500 | 0.74 | 1.05 |
| Max drawdown (3Y) | -97.8% | -98.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MKZR | PAVM |
|---|---|---|
| 2022 | – | -80.5% |
| 2023 | – | -42.8% |
| 2024 | – | -84.8% |
| 2025 | -86.7% | -64.8% |
| 2026 | -63.1% | -23.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKZR and PAVM good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MKZR and PAVM?
The MKZR/PAVM correlation stands at -0.18 on a 3-year window (1 year: -0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PAVM a good diversifier for MKZR?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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/mkzr-vs-pavm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mkzr-vs-pavm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MKZR correlations · PAVM correlations
