EEIQ vs MKDW: Correlation
Measured on weekly returns over the past three years, EpicQuest Education Group International Limited (EEIQ) and MKDWELL Tech Inc. (MKDW) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EEIQ and MKDW?
Over the past 3 years, EEIQ and MKDW moved with a correlation of 0.43, which is moderate. The link has tightened recently: the 1-year correlation (0.79) runs above the 3-year figure (0.43). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 10942.7 %².
MKDW is one of the assets that tracks EEIQ most closely: it ranks #3 out of the 16 assets we track against EEIQ. The last year tells two different stories: MKDW led by 151.4 percentage points, -68.3% for EEIQ against +83.1% for MKDW.
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.
EEIQ vs MKDW: side by side
| EEIQ (EpicQuest Education Group International Limited) | MKDW (MKDWELL Tech Inc.) | |
|---|---|---|
| 1-year return | -68.3% | +83.1% |
| 5-year return | -95.4% | n/a |
| Volatility (ann.) | 193.1% | 130.7% |
| Beta vs S&P 500 | -0.48 | 1.90 |
| Max drawdown (3Y) | -94.3% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EEIQ | MKDW |
|---|---|---|
| 2022 | -33.0% | – |
| 2023 | -11.8% | – |
| 2024 | -46.7% | -91.3% |
| 2025 | -78.7% | -82.6% |
| 2026 | -25.1% | +138.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EEIQ and MKDW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EEIQ and MKDW?
The EEIQ/MKDW correlation stands at 0.43 on a 3-year window (1 year: 0.79, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MKDW a good diversifier for EEIQ?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/eeiq-vs-mkdw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eeiq-vs-mkdw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EEIQ correlations · MKDW correlations
