GIPR vs MI: Correlation
Measured on weekly returns over the past three years, Generation Income Properties Inc. (GIPR) and NFT Limited Class A (MI) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIPR and MI?
Over the past 3 years, GIPR and MI moved with a correlation of 0.47, which is moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 229657.8 %².
Few assets follow GIPR as closely as MI, which ranks #2 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with MI ahead by 84.9 points (-95.2% versus -10.3%). Note the risk asymmetry: MI runs 40.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GIPR vs MI: side by side
| GIPR (Generation Income Properties Inc.) | MI (NFT Limited Class A) | |
|---|---|---|
| 1-year return | -95.2% | -10.3% |
| 5-year return | -99.3% | -99.5% |
| Volatility (ann.) | 110.2% | 4443.9% |
| Beta vs S&P 500 | 1.42 | 8.21 |
| Max drawdown (3Y) | -99.4% | -98.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIPR | MI |
|---|---|---|
| 2022 | -14.6% | -86.4% |
| 2023 | -9.2% | -66.2% |
| 2024 | -51.1% | -61.9% |
| 2025 | -64.8% | +13.3% |
| 2026 | -93.0% | -28.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIPR and MI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GIPR and MI?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.52 over the last year and 0.45 over 5 years.
Is MI a good diversifier for GIPR?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/gipr-vs-mi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gipr-vs-mi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIPR correlations · MI correlations
