CENN vs MBBC: Correlation
Measured on weekly returns over the past three years, Cenntro Inc. (CENN) and Marathon Bancorp, Inc. (MBBC) carry a correlation of -0.36, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENN and MBBC?
On 3 years of weekly data the CENN/MBBC correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.01 versus -0.36 over 3 years. The 5-year figure is -0.23, and annualized covariance runs at -1118.7 %².
Out of 13 assets tracked against CENN, MBBC lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months MBBC outperformed by 135.1 percentage points (-86.8% for CENN against +48.3% for MBBC). Note the risk asymmetry: CENN runs 3.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CENN vs MBBC: side by side
| CENN (Cenntro Inc.) | MBBC (Marathon Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -86.8% | +48.3% |
| 5-year return | -100.0% | +103.0% |
| Volatility (ann.) | 98.4% | 31.3% |
| Beta vs S&P 500 | 1.28 | -0.07 |
| Max drawdown (3Y) | -99.8% | -28.3% |
| Market cap | – | – |
| P/E (trailing) | – | 36.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENN | MBBC |
|---|---|---|
| 2022 | -91.8% | +4.7% |
| 2023 | -96.7% | -17.0% |
| 2024 | -25.7% | +49.9% |
| 2025 | -87.3% | +19.2% |
| 2026 | -48.0% | +26.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENN and MBBC good diversifiers for each other?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CENN and MBBC?
Using weekly returns as of 2026-08-27: -0.36 over 3 years, with -0.01 over the last year and -0.23 over 5 years.
Is MBBC a good diversifier for CENN?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.36 mean?
On the −1 to +1 scale, -0.36 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/cenn-vs-mbbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cenn-vs-mbbc/)
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Related comparisons
Hubs: CENN correlations · MBBC correlations
