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DOGZ vs MNPR: Correlation

How closely do Dogness (International) Corporation (DOGZ) and Monopar Therapeutics Inc. (MNPR) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.

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

Correlation (3Y)
0.31
moderate
Correlation (1Y)
0.21
last 12 months
Correlation (5Y)
0.26
long-run
Ann. covariance
10846.7
%² · weekly, annualized

How correlated are DOGZ and MNPR?

On 3 years of weekly data the DOGZ/MNPR correlation comes out at 0.31, moderate. Recent behaviour matches the longer record: 0.21 over 1 year against 0.31 over 3. The 5-year figure is 0.26, and annualized covariance runs at 10846.7 %².

Few assets follow DOGZ as closely as MNPR, which ranks #2 of 11 tracked partners. The last year tells two different stories: MNPR led by 317.7 percentage points, -90.4% for DOGZ against +227.3% for MNPR.

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.

DOGZ vs MNPR: side by side

DOGZ (Dogness (International) Corporation)MNPR (Monopar Therapeutics Inc.)
1-year return-90.4%+227.3%
5-year return-97.9%+365.1%
Volatility (ann.)153.8%225.0%
Beta vs S&P 5000.091.74
Max drawdown (3Y)-98.5%-67.3%
Market cap$0.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MNPR -67.3% vs -98.5%Higher 5y return: MNPR +365.1% vs -97.9%
-92%0%+170%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DOGZ · MNPR

Year-by-year returns

YearDOGZMNPR
2022-88.3%-26.2%
2023-74.0%-85.7%
2024+793.7%+1194.1%
2025-76.7%+196.8%
2026-90.4%+74.5%

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

Are DOGZ and MNPR good diversifiers for each other?

A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DOGZ and MNPR?

Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.21 over the last year and 0.26 over 5 years.

Is MNPR a good diversifier for DOGZ?

A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.31 mean?

On the −1 to +1 scale, 0.31 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.

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DOGZ vs MNPR: 3-year weekly correlation 0.31DOGZ vs MNPR0.31

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Hubs: DOGZ correlations · MNPR correlations