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QUCY vs TD: Correlation

Quantum Cyber N.V. (QUCY) and Toronto Dominion Bank (The) (TD) show a negative relationship: their 3-year correlation of weekly returns is -0.26.

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

Correlation (3Y)
-0.26
negative
Correlation (1Y)
-0.03
last 12 months
Correlation (5Y)
-0.17
long-run
Ann. covariance
-8955.6
%² · weekly, annualized

How correlated are QUCY and TD?

On 3 years of weekly data the QUCY/TD correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.03) runs above the 3-year figure (-0.26). The 5-year figure is -0.17, and annualized covariance runs at -8955.6 %².

Among the 30 assets we track against QUCY, TD sits near the bottom by co-movement, at rank #26. The last year tells two different stories: TD led by 70.7 percentage points, -9.3% for QUCY against +61.4% for TD. Risk is not evenly split, since QUCY carries 96.4 times the volatility of the other side.

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.

QUCY vs TD: side by side

QUCY (Quantum Cyber N.V.)TD (Toronto Dominion Bank (The))
1-year return-9.3%+61.4%
5-year return-94.4%+124.4%
Volatility (ann.)1840.9%19.1%
Beta vs S&P 5003.760.59
Max drawdown (3Y)-95.9%-19.2%
Market cap$0.1B$198.4B
P/E (trailing)19.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TD -19.2% vs -95.9%Higher 5y return: TD +124.4% vs -94.4%
-78%0%+112%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). QUCY · TD

Year-by-year returns

YearQUCYTD
2022-31.7%-12.2%
2023-83.7%+4.6%
2024+272.4%-13.4%
2025-74.1%+83.6%
2026+31.3%+30.4%

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

Are QUCY and TD good diversifiers for each other?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

FAQ

What is the correlation between QUCY and TD?

Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.03 over the last year and -0.17 over 5 years.

Is TD a good diversifier for QUCY?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

What does a correlation of -0.26 mean?

On the −1 to +1 scale, -0.26 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

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

QUCY vs TD: 3-year weekly correlation -0.26QUCY vs TD-0.26

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Related comparisons

Hubs: QUCY correlations · TD correlations