ATOM vs MXL: Correlation
Atomera Incorporated (ATOM) and MaxLinear, Inc (MXL) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATOM and MXL?
On 3 years of weekly data the ATOM/MXL correlation comes out at 0.36, moderate. The past 12 months show a tighter link (0.46) than the 3-year average (0.36). The 5-year figure is 0.34, and annualized covariance runs at 4485.2 %².
Within ATOM's tracked universe of 12 assets, MXL comes in at #4 by 3-year correlation. The last year tells two different stories: MXL led by 247.0 percentage points, +31.9% for ATOM against +278.9% for MXL.
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 MXL: side by side
| ATOM (Atomera Incorporated) | MXL (MaxLinear, Inc) | |
|---|---|---|
| 1-year return | +31.9% | +278.9% |
| 5-year return | -81.4% | +19.8% |
| Volatility (ann.) | 117.4% | 105.2% |
| Beta vs S&P 500 | 1.78 | 2.50 |
| Max drawdown (3Y) | -88.0% | -63.9% |
| Market cap | $0.2B | $5.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATOM | MXL |
|---|---|---|
| 2022 | -69.1% | -55.0% |
| 2023 | +12.7% | -30.0% |
| 2024 | +65.5% | -16.8% |
| 2025 | -80.9% | -11.9% |
| 2026 | +102.3% | +263.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATOM and MXL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ATOM and MXL?
The ATOM/MXL correlation stands at 0.36 on a 3-year window (1 year: 0.46, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is MXL a good diversifier for ATOM?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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/atom-vs-mxl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atom-vs-mxl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ATOM correlations · MXL correlations
