HYPD vs MFI: Correlation
Hyperion DeFi, Inc. (HYPD) and mF International Limited - Class A (MFI) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HYPD and MFI?
Across a 3-year window, the weekly returns of HYPD and MFI correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 19553.8 %².
In HYPD's tracked universe of 14 assets, MFI sits right near the top at #2. Correlation aside, the last 12 months split them widely, with HYPD ahead by 27.8 points (-47.5% versus -75.3%).
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.
HYPD vs MFI: side by side
| HYPD (Hyperion DeFi, Inc.) | MFI (mF International Limited - Class A) | |
|---|---|---|
| 1-year return | -47.5% | -75.3% |
| 5-year return | -99.1% | n/a |
| Volatility (ann.) | 215.9% | 180.8% |
| Beta vs S&P 500 | 3.08 | 2.81 |
| Max drawdown (3Y) | -99.5% | -95.8% |
| Market cap | $0.1B | $0.5B |
| P/E (trailing) | – | 5.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HYPD | MFI |
|---|---|---|
| 2022 | -59.3% | – |
| 2023 | +27.6% | – |
| 2024 | -93.0% | – |
| 2025 | -69.5% | +245.6% |
| 2026 | +1.7% | -50.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HYPD and MFI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HYPD and MFI?
The HYPD/MFI correlation stands at 0.46 on a 3-year window (1 year: 0.49, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MFI a good diversifier for HYPD?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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/hypd-vs-mfi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hypd-vs-mfi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HYPD correlations · MFI correlations
