AMOD vs MTEN: Correlation
Alpha Modus Holdings, Inc. (AMOD) and Mingteng International Corporation Inc. - Class A (MTEN) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMOD and MTEN?
Across a 3-year window, the weekly returns of AMOD and MTEN correlate at -0.23, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.23). Stretching to 5 years gives n/a, with an annualized covariance of -4404.1 %².
Among the 10 assets we track against AMOD, MTEN sits near the bottom by co-movement, at rank #8. The trailing year gives AMOD the advantage: -93.5% versus -100.0%, a 6.5-point spread. One caveat on sizing: MTEN is 1.9 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.
AMOD vs MTEN: side by side
| AMOD (Alpha Modus Holdings, Inc.) | MTEN (Mingteng International Corporation Inc. - Class A) | |
|---|---|---|
| 1-year return | -93.5% | -100.0% |
| 5-year return | -99.3% | n/a |
| Volatility (ann.) | 96.6% | 179.9% |
| Beta vs S&P 500 | 1.12 | 2.36 |
| Max drawdown (3Y) | -99.5% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMOD | MTEN |
|---|---|---|
| 2022 | +3.2% | – |
| 2023 | +7.0% | – |
| 2024 | -72.2% | – |
| 2025 | -84.7% | -86.5% |
| 2026 | -84.6% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMOD and MTEN good diversifiers for each other?
Yes. With a correlation of -0.23, AMOD and MTEN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMOD and MTEN?
As of 2026-08-27, the correlation of weekly returns between AMOD and MTEN is -0.23 over 3 years, -0.47 over 1 year and n/a over 5 years.
Is MTEN a good diversifier for AMOD?
Yes. With a correlation of -0.23, AMOD and MTEN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/amod-vs-mten.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amod-vs-mten/)
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Related comparisons
Hubs: AMOD correlations · MTEN correlations
