DOMH vs MATH: Correlation
Measured on weekly returns over the past three years, Dominari Holdings Inc. (DOMH) and Metalpha Technology Holding Limited (MATH) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMH and MATH?
Across a 3-year window, the weekly returns of DOMH and MATH correlate at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.12 versus 0.39 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 6467.0 %².
Among the 23 assets we track against DOMH, MATH ranks #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DOMH outperformed by 18.4 percentage points (-52.3% for DOMH against -70.7% for MATH). One caveat on sizing: DOMH is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DOMH vs MATH: side by side
| DOMH (Dominari Holdings Inc.) | MATH (Metalpha Technology Holding Limited) | |
|---|---|---|
| 1-year return | -52.3% | -70.7% |
| 5-year return | -76.1% | -40.4% |
| Volatility (ann.) | 181.7% | 90.1% |
| Beta vs S&P 500 | 2.30 | 0.53 |
| Max drawdown (3Y) | -77.9% | -81.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 41.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMH | MATH |
|---|---|---|
| 2022 | -67.3% | -57.4% |
| 2023 | -21.0% | +323.3% |
| 2024 | -62.2% | -47.2% |
| 2025 | +445.6% | +82.6% |
| 2026 | -40.0% | -60.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMH and MATH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DOMH and MATH?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.12 over the last year and 0.32 over 5 years.
Is MATH a good diversifier for DOMH?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/domh-vs-math.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/domh-vs-math/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DOMH correlations · MATH correlations
