MKZR vs QNME: Correlation
MacKenzie Realty Capital, Inc. (MKZR) and Quanome Technologies, Inc. (QNME) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKZR and QNME?
Over the past 3 years, MKZR and QNME moved with a correlation of 0.33, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.54 versus 0.33 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3560.3 %².
Among the 23 assets we track against MKZR, QNME ranks #6 by 3-year correlation. Over the last 12 months QNME came out ahead by 11.2 percentage points (-75.7% against -64.5%).
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 QNME: side by side
| MKZR (MacKenzie Realty Capital, Inc.) | QNME (Quanome Technologies, Inc.) | |
|---|---|---|
| 1-year return | -75.7% | -64.5% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 91.6% | 118.3% |
| Beta vs S&P 500 | 0.74 | 0.91 |
| Max drawdown (3Y) | -97.8% | -93.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are MKZR and QNME good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MKZR and QNME?
As of 2026-08-27, the correlation of weekly returns between MKZR and QNME is 0.33 over 3 years, 0.54 over 1 year and n/a over 5 years.
Is QNME a good diversifier for MKZR?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mkzr-vs-qnme.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mkzr-vs-qnme/)
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Related comparisons
Hubs: MKZR correlations · QNME correlations
