AIFC vs MNTK: Correlation
AI Financial Corporation (AIFC) and Montauk Renewables, Inc. (MNTK) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIFC and MNTK?
Across a 3-year window, the weekly returns of AIFC and MNTK correlate at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.11) than the 3-year average (-0.24). Stretching to 5 years gives -0.16, with an annualized covariance of -2492.3 %².
MNTK is close to the least connected end of AIFC's tracked universe, ranking #11 of 11. Their recent paths diverged sharply: over the last 12 months MNTK outperformed by 73.5 percentage points (-91.3% for AIFC against -17.8% for MNTK). Risk is not evenly split, since AIFC carries 1.9 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.
AIFC vs MNTK: side by side
| AIFC (AI Financial Corporation) | MNTK (Montauk Renewables, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | -17.8% |
| 5-year return | -91.3% | -78.7% |
| Volatility (ann.) | 142.2% | 74.0% |
| Beta vs S&P 500 | 0.34 | 1.62 |
| Max drawdown (3Y) | -96.4% | -89.6% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | 36.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIFC | MNTK |
|---|---|---|
| 2022 | -66.5% | +7.6% |
| 2023 | -59.1% | -19.2% |
| 2024 | +730.4% | -55.3% |
| 2025 | -76.3% | -58.0% |
| 2026 | -45.6% | +7.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIFC and MNTK good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIFC and MNTK?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.11 over the last year and -0.16 over 5 years.
Is MNTK a good diversifier for AIFC?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/aifc-vs-mntk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aifc-vs-mntk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIFC correlations · MNTK correlations
