AEHL vs MBAI: Correlation
Antelope Enterprise Holdings Limited - Class A (AEHL) and Check-Cap Ltd. (MBAI) show a very strong relationship: their 3-year correlation of weekly returns is 0.93.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and MBAI?
On 3 years of weekly data the AEHL/MBAI correlation comes out at 0.93, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.94) sits close to the 3-year figure. The 5-year figure is 0.92, and annualized covariance runs at 525747.5 %².
By 3-year correlation, MBAI places #12 of the 26 assets tracked against AEHL. Their recent paths diverged sharply: over the last 12 months MBAI outperformed by 984.4 percentage points (-73.6% for AEHL against +910.8% for MBAI). One caveat on sizing: AEHL is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AEHL vs MBAI: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | MBAI (Check-Cap Ltd.) | |
|---|---|---|
| 1-year return | -73.6% | +910.8% |
| 5-year return | -99.9% | -69.3% |
| Volatility (ann.) | 1193.4% | 474.4% |
| Beta vs S&P 500 | 1.91 | 1.76 |
| Max drawdown (3Y) | -100.0% | -87.3% |
| Market cap | – | – |
| P/E (trailing) | – | 1.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEHL | MBAI |
|---|---|---|
| 2022 | -62.9% | -83.7% |
| 2023 | -56.1% | -5.5% |
| 2024 | -91.1% | -52.4% |
| 2025 | -80.8% | +63.6% |
| 2026 | -52.1% | +305.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and MBAI good diversifiers for each other?
Not really. At 0.93, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between AEHL and MBAI?
As of 2026-08-27, the correlation of weekly returns between AEHL and MBAI is 0.93 over 3 years, 0.94 over 1 year and 0.92 over 5 years.
Is MBAI a good diversifier for AEHL?
Not really. At 0.93, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.93 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/aehl-vs-mbai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aehl-vs-mbai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AEHL correlations · MBAI correlations
