MMS vs SCSC: Correlation
How closely do Maximus, Inc. (MMS) and ScanSource, Inc. (SCSC) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MMS and SCSC?
Over the past 3 years, MMS and SCSC moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 494.3 %².
Among the 12 assets we track against MMS, SCSC ranks #4 by 3-year correlation. The last year tells two different stories: SCSC led by 60.7 percentage points, -30.7% for MMS against +30.0% for SCSC.
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.
MMS vs SCSC: side by side
| MMS (Maximus, Inc.) | SCSC (ScanSource, Inc.) | |
|---|---|---|
| 1-year return | -30.7% | +30.0% |
| 5-year return | -25.0% | +60.7% |
| Volatility (ann.) | 30.4% | 35.5% |
| Beta vs S&P 500 | 0.50 | 1.21 |
| Max drawdown (3Y) | -45.1% | -44.2% |
| Market cap | $3.1B | $1.2B |
| P/E (trailing) | 8.7 | 15.5 |
| Dividend yield | 2.14% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MMS | SCSC |
|---|---|---|
| 2022 | -6.4% | -16.7% |
| 2023 | +16.0% | +35.6% |
| 2024 | -9.7% | +19.8% |
| 2025 | +17.5% | -17.7% |
| 2026 | -29.9% | +48.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MMS and SCSC good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MMS and SCSC?
The MMS/SCSC correlation stands at 0.46 on a 3-year window (1 year: 0.45, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is SCSC a good diversifier for MMS?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 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/mms-vs-scsc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mms-vs-scsc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MMS correlations · SCSC correlations
