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MKZR vs PRTH: Correlation

Measured on weekly returns over the past three years, MacKenzie Realty Capital, Inc. (MKZR) and Priority Technology Holdings, Inc. (PRTH) carry a correlation of -0.27, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-1812.9
%² · weekly, annualized

How correlated are MKZR and PRTH?

Over the past 3 years, MKZR and PRTH moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.27 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1812.9 %².

Among the 23 assets we track against MKZR, PRTH sits near the bottom by co-movement, at rank #20. The last year tells two different stories: PRTH led by 40.6 percentage points, -75.7% for MKZR against -35.1% for PRTH.

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 PRTH: side by side

MKZR (MacKenzie Realty Capital, Inc.)PRTH (Priority Technology Holdings, Inc.)
1-year return-75.7%-35.1%
5-year returnn/a-9.8%
Volatility (ann.)91.6%70.7%
Beta vs S&P 5000.741.52
Max drawdown (3Y)-97.8%-62.2%
Market cap$0.4B
P/E (trailing)8.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: PRTH -62.2% vs -97.8%
-82%0%+1%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MKZR · PRTH

Year-by-year returns

YearMKZRPRTH
2022-25.7%
2023-32.3%
2024+230.1%
2025-86.7%-53.6%
2026-63.1%-0.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MKZR and PRTH good diversifiers for each other?

By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.

FAQ

What is the correlation between MKZR and PRTH?

The MKZR/PRTH correlation stands at -0.27 on a 3-year window (1 year: -0.27, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is PRTH a good diversifier for MKZR?

By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.

What does a correlation of -0.27 mean?

A reading of -0.27 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/mkzr-vs-prth.json

MKZR vs PRTH: 3-year weekly correlation -0.27MKZR vs PRTH-0.27

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Related comparisons

Hubs: MKZR correlations · PRTH correlations