FEED vs MKDW: Correlation
ENvue Medical, Inc. (FEED) and MKDWELL Tech Inc. (MKDW) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEED and MKDW?
On 3 years of weekly data the FEED/MKDW correlation comes out at 0.32, moderate. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 8782.2 %².
Among the 17 assets we track against FEED, MKDW ranks #4 by 3-year correlation. The last year tells two different stories: MKDW led by 176.8 percentage points, -93.7% for FEED against +83.1% for MKDW. Risk is not evenly split, since FEED carries 1.6 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.
FEED vs MKDW: side by side
| FEED (ENvue Medical, Inc.) | MKDW (MKDWELL Tech Inc.) | |
|---|---|---|
| 1-year return | -93.7% | +83.1% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 207.5% | 130.7% |
| Beta vs S&P 500 | 2.43 | 1.90 |
| Max drawdown (3Y) | -99.9% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEED | MKDW |
|---|---|---|
| 2022 | -75.8% | – |
| 2023 | -77.2% | – |
| 2024 | -48.7% | -91.3% |
| 2025 | -96.4% | -82.6% |
| 2026 | -84.1% | +138.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEED and MKDW good diversifiers for each other?
Reasonably. At 0.32, FEED and MKDW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FEED and MKDW?
As of 2026-08-27, the correlation of weekly returns between FEED and MKDW is 0.32 over 3 years, 0.33 over 1 year and n/a over 5 years.
Is MKDW a good diversifier for FEED?
Reasonably. At 0.32, FEED and MKDW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/feed-vs-mkdw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/feed-vs-mkdw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FEED correlations · MKDW correlations
