GMM vs MDAI: Correlation
Measured on weekly returns over the past three years, Global Mofy AI Limited - Class A (GMM) and Spectral AI, Inc. (MDAI) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMM and MDAI?
Over the past 3 years, GMM and MDAI moved with a correlation of 0.39, which is moderate. The link has loosened recently: the 1-year correlation (0.06) runs below the 3-year figure (0.39). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 40633.1 %².
Within GMM's tracked universe of 21 assets, MDAI comes in at #14 by 3-year correlation. The last year tells two different stories: MDAI led by 75.1 percentage points, -97.5% for GMM against -22.4% for MDAI. Risk is not evenly split, since GMM carries 10.5 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.
GMM vs MDAI: side by side
| GMM (Global Mofy AI Limited - Class A) | MDAI (Spectral AI, Inc.) | |
|---|---|---|
| 1-year return | -97.5% | -22.4% |
| 5-year return | n/a | -83.2% |
| Volatility (ann.) | 1098.3% | 105.0% |
| Beta vs S&P 500 | 2.95 | 1.03 |
| Max drawdown (3Y) | -99.7% | -93.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMM | MDAI |
|---|---|---|
| 2022 | – | +3.0% |
| 2023 | – | -75.6% |
| 2024 | -30.5% | +15.0% |
| 2025 | -69.6% | -49.8% |
| 2026 | -95.4% | +14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMM and MDAI good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GMM and MDAI?
The GMM/MDAI correlation stands at 0.39 on a 3-year window (1 year: 0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MDAI a good diversifier for GMM?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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
$ curl https://www.pairbook.io/api/v1/pairs/gmm-vs-mdai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gmm-vs-mdai/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GMM correlations · MDAI correlations
