FIS vs MBRX: Correlation
Fidelity National Information Services (FIS) and Moleculin Biotech, Inc. (MBRX) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIS and MBRX?
Across a 3-year window, the weekly returns of FIS and MBRX correlate at -0.31, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.35 over 1 year against -0.31 over 3. Stretching to 5 years gives -0.13, with an annualized covariance of -1360.0 %².
MBRX is close to the least connected end of FIS's tracked universe, ranking #30 of 33. The last year tells two different stories: FIS led by 55.5 percentage points, -40.0% for FIS against -95.5% for MBRX. Risk is not evenly split, since MBRX 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.
FIS vs MBRX: side by side
| FIS (Fidelity National Information Services) | MBRX (Moleculin Biotech, Inc.) | |
|---|---|---|
| 1-year return | -40.0% | -95.5% |
| 5-year return | -63.9% | -99.9% |
| Volatility (ann.) | 27.2% | 160.4% |
| Beta vs S&P 500 | 0.57 | 1.10 |
| Max drawdown (3Y) | -56.5% | -99.9% |
| Market cap | $20.9B | – |
| P/E (trailing) | 6.2 | 0.0 |
| Dividend yield | 4.13% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FIS | MBRX |
|---|---|---|
| 2022 | -36.5% | -43.0% |
| 2023 | -8.2% | -19.1% |
| 2024 | +37.0% | -86.8% |
| 2025 | -15.8% | -92.2% |
| 2026 | -37.8% | -79.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIS and MBRX good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between FIS and MBRX?
As of 2026-08-27, the correlation of weekly returns between FIS and MBRX is -0.31 over 3 years, -0.35 over 1 year and -0.13 over 5 years.
Is MBRX a good diversifier for FIS?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: FIS correlations · MBRX correlations
