AGPU vs CMND: Correlation
Measured on weekly returns over the past three years, Axe Compute Inc. (AGPU) and Clearmind Medicine Inc. (CMND) carry a correlation of 0.29, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGPU and CMND?
On 3 years of weekly data the AGPU/CMND correlation comes out at 0.29, weak. The relationship has been stable: the 1-year correlation (0.32) sits close to the 3-year figure. The 5-year figure is 0.27, and annualized covariance runs at 5124.1 %².
Among the 13 assets we track against AGPU, CMND ranks #8 by 3-year correlation. The last year tells two different stories: AGPU led by 75.2 percentage points, -24.4% for AGPU against -99.6% for CMND.
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.
AGPU vs CMND: side by side
| AGPU (Axe Compute Inc.) | CMND (Clearmind Medicine Inc.) | |
|---|---|---|
| 1-year return | -24.4% | -99.6% |
| 5-year return | -96.8% | n/a |
| Volatility (ann.) | 146.2% | 122.3% |
| Beta vs S&P 500 | 1.75 | 1.24 |
| Max drawdown (3Y) | -97.9% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGPU | CMND |
|---|---|---|
| 2022 | -67.8% | – |
| 2023 | -46.4% | -97.0% |
| 2024 | -75.1% | -50.9% |
| 2025 | -41.9% | -96.7% |
| 2026 | +44.9% | -90.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGPU and CMND good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGPU and CMND?
As of 2026-08-27, the correlation of weekly returns between AGPU and CMND is 0.29 over 3 years, 0.32 over 1 year and 0.27 over 5 years.
Is CMND a good diversifier for AGPU?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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
$ curl https://www.pairbook.io/api/v1/pairs/agpu-vs-cmnd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agpu-vs-cmnd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGPU correlations · CMND correlations
