CLYM vs MNDR: Correlation
Climb Bio, Inc. (CLYM) and Mobile-health Network Solutions - Class A (MNDR) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLYM and MNDR?
Across a 3-year window, the weekly returns of CLYM and MNDR correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.15) than the 3-year average (-0.27). Stretching to 5 years gives n/a, with an annualized covariance of -6112.3 %².
MNDR is close to the least connected end of CLYM's tracked universe, ranking #10 of 12. The last year tells two different stories: CLYM led by 654.0 percentage points, +559.1% for CLYM against -94.9% for MNDR.
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.
CLYM vs MNDR: side by side
| CLYM (Climb Bio, Inc.) | MNDR (Mobile-health Network Solutions - Class A) | |
|---|---|---|
| 1-year return | +559.1% | -94.9% |
| 5-year return | -46.2% | n/a |
| Volatility (ann.) | 132.2% | 161.8% |
| Beta vs S&P 500 | 1.11 | -0.61 |
| Max drawdown (3Y) | -88.9% | -100.0% |
| Market cap | $0.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLYM | MNDR |
|---|---|---|
| 2022 | -64.9% | – |
| 2023 | -26.4% | – |
| 2024 | -33.3% | – |
| 2025 | +122.2% | -93.0% |
| 2026 | +276.5% | -68.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLYM and MNDR good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between CLYM and MNDR?
The CLYM/MNDR correlation stands at -0.27 on a 3-year window (1 year: -0.15, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MNDR a good diversifier for CLYM?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/clym-vs-mndr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clym-vs-mndr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CLYM correlations · MNDR correlations
