GRAL vs MLEC: Correlation
Measured on weekly returns over the past three years, GRAIL, Inc. (GRAL) and Moolec Science SA (MLEC) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRAL and MLEC?
On 3 years of weekly data the GRAL/MLEC correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.51) than the 3-year average (-0.27). The 5-year figure is n/a, and annualized covariance runs at -3315.7 %².
Out of 15 assets tracked against GRAL, MLEC lands near the bottom at #13. Their recent paths diverged sharply: over the last 12 months GRAL outperformed by 209.6 percentage points (+145.3% for GRAL against -64.3% for MLEC).
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.
GRAL vs MLEC: side by side
| GRAL (GRAIL, Inc.) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | +145.3% | -64.3% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 103.8% | 104.4% |
| Beta vs S&P 500 | 2.60 | -0.21 |
| Max drawdown (3Y) | -62.9% | -99.3% |
| Market cap | $3.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRAL | MLEC |
|---|---|---|
| 2022 | – | +22.7% |
| 2023 | – | -79.7% |
| 2024 | – | -67.5% |
| 2025 | +379.5% | -96.8% |
| 2026 | -3.6% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRAL and MLEC good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between GRAL and MLEC?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.51 over the last year and n/a over 5 years.
Is MLEC a good diversifier for GRAL?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 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/gral-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gral-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GRAL correlations · MLEC correlations
