PairBook
HomeF › F vs MIRA

F vs MIRA: Correlation

Measured on weekly returns over the past three years, Ford Motor Company (F) and MIRA Pharmaceuticals, Inc. (MIRA) carry a correlation of -0.25, a negative link.

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

Correlation (3Y)
-0.25
negative
Correlation (1Y)
0.17
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-1871.3
%² · weekly, annualized

How correlated are F and MIRA?

Across a 3-year window, the weekly returns of F and MIRA correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.17 versus -0.25 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -1871.3 %².

Out of 35 assets tracked against F, MIRA lands near the bottom at #32. Correlation aside, the last 12 months split them widely, with F ahead by 66.4 points (+22.6% versus -43.8%). Risk is not evenly split, since MIRA carries 5.9 times the volatility of the other side.

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.

F vs MIRA: side by side

F (Ford Motor Company)MIRA (MIRA Pharmaceuticals, Inc.)
1-year return+22.6%-43.8%
5-year return+45.8%n/a
Volatility (ann.)36.1%211.2%
Beta vs S&P 5001.06-0.07
Max drawdown (3Y)-36.5%-91.5%
Market cap$55.6B
P/E (trailing)
Dividend yield4.32%0.00%
Sector / categoryConsumer DiscretionaryUS Listed
Higher yield: F 4.32% vs 0.00%Smaller drawdown: F -36.5% vs -91.5%
-47%0%+54%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. F · MIRA

Year-by-year returns

YearFMIRA
2022-42.2%
2023+15.8%
2024-13.1%+8.6%
2025+42.3%+32.5%
2026+10.0%-49.0%

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

Are F and MIRA good diversifiers for each other?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

FAQ

What is the correlation between F and MIRA?

Using weekly returns as of 2026-08-27: -0.25 over 3 years, with 0.17 over the last year and n/a over 5 years.

Is MIRA a good diversifier for F?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

What does a correlation of -0.25 mean?

On the −1 to +1 scale, -0.25 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/f-vs-mira.json

F vs MIRA: 3-year weekly correlation -0.25F vs MIRA-0.25

Embed this badge (it refreshes with the data), with attribution:

[![F vs MIRA correlation](https://www.pairbook.io/api/v1/badge/f-vs-mira.svg)](https://www.pairbook.io/pair/f-vs-mira/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: F correlations · MIRA correlations