PairBook
HomeGMM › GMM vs MRT

GMM vs MRT: Correlation

How closely do Global Mofy AI Limited - Class A (GMM) and Marti Technologies, Inc. Class A (MRT) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.

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

Correlation (3Y)
0.45
moderate
Correlation (1Y)
-0.07
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
40212.1
%² · weekly, annualized

How correlated are GMM and MRT?

Over the past 3 years, GMM and MRT moved with a correlation of 0.45, which is moderate. The past 12 months show a weaker link (-0.07) than the 3-year average (0.45). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 40212.1 %².

By 3-year correlation, MRT places #11 of the 21 assets tracked against GMM. Correlation aside, the last 12 months split them widely, with MRT ahead by 89.1 points (-97.5% versus -8.4%). One caveat on sizing: GMM is 13.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 MRT: side by side

GMM (Global Mofy AI Limited - Class A)MRT (Marti Technologies, Inc. Class A)
1-year return-97.5%-8.4%
5-year returnn/a-76.5%
Volatility (ann.)1098.3%81.0%
Beta vs S&P 5002.950.38
Max drawdown (3Y)-99.7%-65.3%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MRT -65.3% vs -99.7%
-98%0%+9%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). GMM · MRT

Year-by-year returns

YearGMMMRT
2022+3.1%
2023-93.6%
2024-30.5%+421.5%
2025-69.6%-30.1%
2026-95.4%-3.8%

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

Are GMM and MRT good diversifiers for each other?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between GMM and MRT?

The GMM/MRT correlation stands at 0.45 on a 3-year window (1 year: -0.07, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is MRT a good diversifier for GMM?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.45 mean?

On the −1 to +1 scale, 0.45 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/gmm-vs-mrt.json

GMM vs MRT: 3-year weekly correlation 0.45GMM vs MRT0.45

Drop this badge in a README or notebook; it updates with the data:

[![GMM vs MRT correlation](https://www.pairbook.io/api/v1/badge/gmm-vs-mrt.svg)](https://www.pairbook.io/pair/gmm-vs-mrt/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: GMM correlations · MRT correlations