ARKR vs MTEX: Correlation
Ark Restaurants Corp. (ARKR) and Mannatech, Incorporated (MTEX) 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 ARKR and MTEX?
Across a 3-year window, the weekly returns of ARKR and MTEX correlate at 0.35, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 1145.2 %².
By 3-year correlation, MTEX places #7 of the 14 assets tracked against ARKR. The trailing year gives ARKR the advantage: -22.8% versus -28.5%, a 5.7-point spread.
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.
ARKR vs MTEX: side by side
| ARKR (Ark Restaurants Corp.) | MTEX (Mannatech, Incorporated) | |
|---|---|---|
| 1-year return | -22.8% | -28.5% |
| 5-year return | -64.1% | -79.1% |
| Volatility (ann.) | 50.4% | 65.8% |
| Beta vs S&P 500 | 0.34 | 0.48 |
| Max drawdown (3Y) | -70.3% | -74.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARKR | MTEX |
|---|---|---|
| 2022 | +0.4% | -51.7% |
| 2023 | -11.5% | -53.5% |
| 2024 | -19.8% | +65.8% |
| 2025 | -39.0% | -38.6% |
| 2026 | -21.3% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKR and MTEX good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARKR and MTEX?
The ARKR/MTEX correlation stands at 0.35 on a 3-year window (1 year: 0.39, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is MTEX a good diversifier for ARKR?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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
$ curl https://www.pairbook.io/api/v1/pairs/arkr-vs-mtex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arkr-vs-mtex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARKR correlations · MTEX correlations
