DSP vs MNDO: Correlation
How closely do Viant Technology Inc. (DSP) and MIND C.T.I. Ltd. (MNDO) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSP and MNDO?
Over the past 3 years, DSP and MNDO moved with a correlation of 0.37, which is moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.37 over 3. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 561.0 %².
By 3-year correlation, MNDO places #8 of the 13 assets tracked against DSP. The last year tells two different stories: DSP led by 41.6 percentage points, +26.5% for DSP against -15.1% for MNDO. One caveat on sizing: DSP is 2.4 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.
DSP vs MNDO: side by side
| DSP (Viant Technology Inc.) | MNDO (MIND C.T.I. Ltd.) | |
|---|---|---|
| 1-year return | +26.5% | -15.1% |
| 5-year return | -9.6% | -51.6% |
| Volatility (ann.) | 60.9% | 24.9% |
| Beta vs S&P 500 | 1.57 | 0.32 |
| Max drawdown (3Y) | -68.6% | -54.6% |
| Market cap | $0.8B | – |
| P/E (trailing) | 34.3 | 6.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSP | MNDO |
|---|---|---|
| 2022 | -58.6% | -26.5% |
| 2023 | +71.4% | +4.2% |
| 2024 | +175.6% | +13.1% |
| 2025 | -36.6% | -34.9% |
| 2026 | +5.3% | -12.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSP and MNDO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DSP and MNDO?
As of 2026-08-27, the correlation of weekly returns between DSP and MNDO is 0.37 over 3 years, 0.37 over 1 year and 0.30 over 5 years.
Is MNDO a good diversifier for DSP?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dsp-vs-mndo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dsp-vs-mndo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DSP correlations · MNDO correlations
