HIND vs MLGO: Correlation
Measured on weekly returns over the past three years, Vyome Holdings, Inc. (HIND) and MicroAlgo, Inc. (MLGO) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIND and MLGO?
Across a 3-year window, the weekly returns of HIND and MLGO correlate at -0.26, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.26). Stretching to 5 years gives -0.20, with an annualized covariance of -13939.2 %².
MLGO is close to the least connected end of HIND's tracked universe, ranking #10 of 12. Their recent paths diverged sharply: over the last 12 months MLGO outperformed by 26.3 percentage points (-79.2% for HIND against -52.9% for MLGO). Risk is not evenly split, since MLGO carries 4.6 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.
HIND vs MLGO: side by side
| HIND (Vyome Holdings, Inc.) | MLGO (MicroAlgo, Inc.) | |
|---|---|---|
| 1-year return | -79.2% | -52.9% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 107.5% | 489.7% |
| Beta vs S&P 500 | 1.58 | -2.77 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 1.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HIND | MLGO |
|---|---|---|
| 2022 | -91.8% | -87.6% |
| 2023 | -96.3% | -27.0% |
| 2024 | -69.2% | -97.9% |
| 2025 | -99.2% | -96.1% |
| 2026 | -35.8% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIND and MLGO good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between HIND and MLGO?
As of 2026-08-27, the correlation of weekly returns between HIND and MLGO is -0.26 over 3 years, 0.10 over 1 year and -0.20 over 5 years.
Is MLGO a good diversifier for HIND?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/hind-vs-mlgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hind-vs-mlgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HIND correlations · MLGO correlations
