KULR vs MF: Correlation
Measured on weekly returns over the past three years, KULR Technology Group, Inc. (KULR) and MindForge Inc. - Class A (MF) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KULR and MF?
On 3 years of weekly data the KULR/MF correlation comes out at 0.55, moderate. The link has loosened recently: the 1-year correlation (-0.10) runs below the 3-year figure (0.55). The 5-year figure is n/a, and annualized covariance runs at 81128.4 %².
MF is one of the assets that tracks KULR most closely: it ranks #2 out of the 14 assets we track against KULR. The last year tells two different stories: KULR led by 27.7 percentage points, -43.9% for KULR against -71.6% for MF. Note the risk asymmetry: MF runs 4.8 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.
KULR vs MF: side by side
| KULR (KULR Technology Group, Inc.) | MF (MindForge Inc. - Class A) | |
|---|---|---|
| 1-year return | -43.9% | -71.6% |
| 5-year return | -84.4% | n/a |
| Volatility (ann.) | 172.8% | 830.3% |
| Beta vs S&P 500 | 1.92 | 3.38 |
| Max drawdown (3Y) | -94.7% | -99.7% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KULR | MF |
|---|---|---|
| 2022 | -56.5% | – |
| 2023 | -84.2% | – |
| 2024 | +1768.4% | – |
| 2025 | -89.6% | -40.7% |
| 2026 | -10.1% | -62.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KULR and MF good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between KULR and MF?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with -0.10 over the last year and n/a over 5 years.
Is MF a good diversifier for KULR?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 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/kulr-vs-mf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kulr-vs-mf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KULR correlations · MF correlations
