INUV vs MBOT: Correlation
How closely do Inuvo, Inc. (INUV) and Microbot Medical Inc. (MBOT) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INUV and MBOT?
Over the past 3 years, INUV and MBOT moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 3556.1 %².
Few assets follow INUV as closely as MBOT, which ranks #1 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months MBOT outperformed by 15.3 percentage points (-78.4% for INUV against -63.1% for MBOT).
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.
INUV vs MBOT: side by side
| INUV (Inuvo, Inc.) | MBOT (Microbot Medical Inc.) | |
|---|---|---|
| 1-year return | -78.4% | -63.1% |
| 5-year return | -90.0% | -79.9% |
| Volatility (ann.) | 85.4% | 97.0% |
| Beta vs S&P 500 | 1.37 | 1.83 |
| Max drawdown (3Y) | -90.4% | -67.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INUV | MBOT |
|---|---|---|
| 2022 | -58.5% | -59.9% |
| 2023 | +95.5% | -45.5% |
| 2024 | +51.2% | -31.7% |
| 2025 | -61.8% | +78.6% |
| 2026 | -70.6% | -25.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INUV and MBOT good diversifiers for each other?
Reasonably. At 0.43, INUV and MBOT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between INUV and MBOT?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.41 over the last year and 0.30 over 5 years.
Is MBOT a good diversifier for INUV?
Reasonably. At 0.43, INUV and MBOT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/inuv-vs-mbot.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/inuv-vs-mbot/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INUV correlations · MBOT correlations
