AIFF vs MOBX: Correlation
Measured on weekly returns over the past three years, Firefly Neuroscience, Inc. (AIFF) and Mobix Labs, Inc. (MOBX) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIFF and MOBX?
Across a 3-year window, the weekly returns of AIFF and MOBX correlate at 0.49, moderate. The past 12 months show a tighter link (0.82) than the 3-year average (0.49). Stretching to 5 years gives 0.43, with an annualized covariance of 30812.8 %².
In AIFF's tracked universe of 15 assets, MOBX sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months AIFF outperformed by 29.1 percentage points (-58.9% for AIFF against -88.0% for MOBX). Risk is not evenly split, since MOBX carries 1.7 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.
AIFF vs MOBX: side by side
| AIFF (Firefly Neuroscience, Inc.) | MOBX (Mobix Labs, Inc.) | |
|---|---|---|
| 1-year return | -58.9% | -88.0% |
| 5-year return | -98.8% | -98.8% |
| Volatility (ann.) | 190.4% | 333.1% |
| Beta vs S&P 500 | 1.78 | -0.62 |
| Max drawdown (3Y) | -95.9% | -99.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIFF | MOBX |
|---|---|---|
| 2022 | -90.3% | +3.8% |
| 2023 | -64.8% | -60.6% |
| 2024 | -47.7% | -57.7% |
| 2025 | -66.8% | -84.3% |
| 2026 | +22.7% | -57.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIFF and MOBX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AIFF and MOBX?
As of 2026-08-27, the correlation of weekly returns between AIFF and MOBX is 0.49 over 3 years, 0.82 over 1 year and 0.43 over 5 years.
Is MOBX a good diversifier for AIFF?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aiff-vs-mobx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aiff-vs-mobx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIFF correlations · MOBX correlations
