IDAI vs MVBF: Correlation
How closely do T Stamp Inc. (IDAI) and MVB Financial Corp. (MVBF) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDAI and MVBF?
On 3 years of weekly data the IDAI/MVBF correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.11 versus -0.19 over 3 years. The 5-year figure is -0.15, and annualized covariance runs at -3180.9 %².
By 3-year correlation, MVBF places #20 of the 36 assets tracked against IDAI. Over the last 12 months MVBF came out ahead by 14.0 percentage points (+15.5% against +29.5%). Note the risk asymmetry: IDAI runs 15.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IDAI vs MVBF: side by side
| IDAI (T Stamp Inc.) | MVBF (MVB Financial Corp.) | |
|---|---|---|
| 1-year return | +15.5% | +29.5% |
| 5-year return | -76.5% | -11.2% |
| Volatility (ann.) | 505.7% | 32.7% |
| Beta vs S&P 500 | -1.01 | 0.78 |
| Max drawdown (3Y) | -92.9% | -35.3% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.00% | 2.27% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDAI | MVBF |
|---|---|---|
| 2022 | -88.0% | -45.8% |
| 2023 | -43.0% | +5.7% |
| 2024 | -35.5% | -5.1% |
| 2025 | +342.8% | +28.7% |
| 2026 | -14.3% | +18.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDAI and MVBF good diversifiers for each other?
Yes. With a correlation of -0.19, IDAI and MVBF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IDAI and MVBF?
As of 2026-08-27, the correlation of weekly returns between IDAI and MVBF is -0.19 over 3 years, 0.11 over 1 year and -0.15 over 5 years.
Is MVBF a good diversifier for IDAI?
Yes. With a correlation of -0.19, IDAI and MVBF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/idai-vs-mvbf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/idai-vs-mvbf/)
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Related comparisons
Hubs: IDAI correlations · MVBF correlations
