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AIRE vs MMA: Correlation

reAlpha Tech Corp. (AIRE) and Mixed Martial Arts Group Limited (MMA) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.74
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
13792.6
%² · weekly, annualized

How correlated are AIRE and MMA?

On 3 years of weekly data the AIRE/MMA correlation comes out at 0.46, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.74 versus 0.46 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 13792.6 %².

Among the 18 assets we track against AIRE, MMA ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MMA outperformed by 28.8 percentage points (-80.4% for AIRE against -51.6% for MMA). Risk is not evenly split, since AIRE 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.

AIRE vs MMA: side by side

AIRE (reAlpha Tech Corp.)MMA (Mixed Martial Arts Group Limited)
1-year return-80.4%-51.6%
5-year returnn/an/a
Volatility (ann.)227.0%134.6%
Beta vs S&P 5002.002.08
Max drawdown (3Y)-100.0%-92.2%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MMA -92.2% vs -100.0%
-86%0%+257%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AIRE · MMA

Year-by-year returns

YearAIREMMA
2024+45.2%
2025-85.6%-20.6%
2026-83.8%-58.9%

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

Are AIRE and MMA good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AIRE and MMA?

The AIRE/MMA correlation stands at 0.46 on a 3-year window (1 year: 0.74, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is MMA a good diversifier for AIRE?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 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.

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AIRE vs MMA: 3-year weekly correlation 0.46AIRE vs MMA0.46

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Hubs: AIRE correlations · MMA correlations