AMZE vs MFI: Correlation
Amaze Holdings, Inc. (AMZE) and mF International Limited - Class A (MFI) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMZE and MFI?
On 3 years of weekly data the AMZE/MFI correlation comes out at 0.35, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.35 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 9613.9 %².
Within AMZE's tracked universe of 13 assets, MFI comes in at #6 by 3-year correlation. The last year tells two different stories: MFI led by 24.0 percentage points, -99.3% for AMZE against -75.3% for MFI.
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.
AMZE vs MFI: side by side
| AMZE (Amaze Holdings, Inc.) | MFI (mF International Limited - Class A) | |
|---|---|---|
| 1-year return | -99.3% | -75.3% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 139.4% | 180.8% |
| Beta vs S&P 500 | 1.68 | 2.81 |
| Max drawdown (3Y) | -99.9% | -95.8% |
| Market cap | – | $0.5B |
| P/E (trailing) | – | 5.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMZE | MFI |
|---|---|---|
| 2022 | -80.8% | – |
| 2023 | -7.0% | – |
| 2024 | -36.0% | – |
| 2025 | -97.2% | +245.6% |
| 2026 | -94.4% | -50.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMZE and MFI good diversifiers for each other?
Reasonably. At 0.35, AMZE and MFI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AMZE and MFI?
As of 2026-08-27, the correlation of weekly returns between AMZE and MFI is 0.35 over 3 years, 0.64 over 1 year and n/a over 5 years.
Is MFI a good diversifier for AMZE?
Reasonably. At 0.35, AMZE and MFI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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
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Related comparisons
Hubs: AMZE correlations · MFI correlations