ATOM vs MLEC: Correlation
Atomera Incorporated (ATOM) and Moolec Science SA (MLEC) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATOM and MLEC?
On 3 years of weekly data the ATOM/MLEC correlation comes out at 0.43, moderate. The link has tightened recently: the 1-year correlation (0.62) runs above the 3-year figure (0.43). The 5-year figure is 0.30, and annualized covariance runs at 5276.7 %².
Few assets follow ATOM as closely as MLEC, which ranks #1 of 12 tracked partners. The last year tells two different stories: ATOM led by 96.2 percentage points, +31.9% for ATOM against -64.3% for MLEC.
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.
ATOM vs MLEC: side by side
| ATOM (Atomera Incorporated) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | +31.9% | -64.3% |
| 5-year return | -81.4% | -99.5% |
| Volatility (ann.) | 117.4% | 104.4% |
| Beta vs S&P 500 | 1.78 | -0.21 |
| Max drawdown (3Y) | -88.0% | -99.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATOM | MLEC |
|---|---|---|
| 2022 | -69.1% | +22.7% |
| 2023 | +12.7% | -79.7% |
| 2024 | +65.5% | -67.5% |
| 2025 | -80.9% | -96.8% |
| 2026 | +102.3% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATOM and MLEC good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATOM and MLEC?
The ATOM/MLEC correlation stands at 0.43 on a 3-year window (1 year: 0.62, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is MLEC a good diversifier for ATOM?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/atom-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/atom-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATOM correlations · MLEC correlations
