ASST vs MNDO: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and MIND C.T.I. Ltd. (MNDO) carry a correlation of -0.38, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and MNDO?
On 3 years of weekly data the ASST/MNDO correlation comes out at -0.38, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.06) runs above the 3-year figure (-0.38). The 5-year figure is n/a, and annualized covariance runs at -6816.5 %².
Out of 58 assets tracked against ASST, MNDO lands near the bottom at #57. The last year tells two different stories: MNDO led by 65.3 percentage points, -80.4% for ASST against -15.1% for MNDO. Risk is not evenly split, since ASST carries 29.0 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.
ASST vs MNDO: side by side
| ASST (Strive, Inc.) | MNDO (MIND C.T.I. Ltd.) | |
|---|---|---|
| 1-year return | -80.4% | -15.1% |
| 5-year return | n/a | -51.6% |
| Volatility (ann.) | 723.1% | 24.9% |
| Beta vs S&P 500 | -1.01 | 0.32 |
| Max drawdown (3Y) | -97.2% | -54.6% |
| Market cap | $2.1B | – |
| P/E (trailing) | – | 6.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | MNDO |
|---|---|---|
| 2022 | – | -26.5% |
| 2023 | – | +4.2% |
| 2024 | -84.6% | +13.1% |
| 2025 | +50.3% | -34.9% |
| 2026 | +56.6% | -12.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and MNDO good diversifiers for each other?
Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASST and MNDO?
Using weekly returns as of 2026-08-27: -0.38 over 3 years, with -0.06 over the last year and n/a over 5 years.
Is MNDO a good diversifier for ASST?
Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.38 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-mndo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-mndo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · MNDO correlations
