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DDI vs MPTI: Correlation

Measured on weekly returns over the past three years, DoubleDown Interactive Co., Ltd. - American Depository (DDI) and M-tron Industries, Inc. (MPTI) carry a correlation of 0.36, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.25
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
1274.4
%² · weekly, annualized

How correlated are DDI and MPTI?

Across a 3-year window, the weekly returns of DDI and MPTI correlate at 0.36, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.36). Stretching to 5 years gives 0.33, with an annualized covariance of 1274.4 %².

Among the 10 assets we track against DDI, MPTI ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MPTI ahead by 39.4 points (+34.5% versus +73.9%).

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.

DDI vs MPTI: side by side

DDI (DoubleDown Interactive Co., Ltd. - American Depository)MPTI (M-tron Industries, Inc.)
1-year return+34.5%+73.9%
5-year return-28.2%n/a
Volatility (ann.)51.1%68.5%
Beta vs S&P 5000.441.51
Max drawdown (3Y)-52.1%-50.0%
Market cap$0.6B$0.3B
P/E (trailing)5.131.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: DDI 5.1 vs 31.1Smaller drawdown: MPTI -50.0% vs -52.1%
-12%0%+120%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DDI · MPTI

Year-by-year returns

YearDDIMPTI
2022-45.5%
2023-13.0%+308.0%
2024+42.0%+35.7%
2025-17.3%+9.9%
2026+47.7%+47.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DDI and MPTI good diversifiers for each other?

Reasonably. At 0.36, DDI and MPTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between DDI and MPTI?

As of 2026-08-27, the correlation of weekly returns between DDI and MPTI is 0.36 over 3 years, 0.25 over 1 year and 0.33 over 5 years.

Is MPTI a good diversifier for DDI?

Reasonably. At 0.36, DDI and MPTI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.36 mean?

A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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DDI vs MPTI: 3-year weekly correlation 0.36DDI vs MPTI0.36

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Related comparisons

Hubs: DDI correlations · MPTI correlations