KULR vs MTEK: Correlation
Measured on weekly returns over the past three years, KULR Technology Group, Inc. (KULR) and Maris-Tech Ltd. (MTEK) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KULR and MTEK?
Across a 3-year window, the weekly returns of KULR and MTEK correlate at 0.41, moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.41). Stretching to 5 years gives 0.38, with an annualized covariance of 6154.7 %².
By 3-year correlation, MTEK places #6 of the 14 assets tracked against KULR. Over the last 12 months KULR came out ahead by 14.8 percentage points (-43.9% against -58.7%). Risk is not evenly split, since KULR carries 2.0 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.
KULR vs MTEK: side by side
| KULR (KULR Technology Group, Inc.) | MTEK (Maris-Tech Ltd.) | |
|---|---|---|
| 1-year return | -43.9% | -58.7% |
| 5-year return | -84.4% | -65.4% |
| Volatility (ann.) | 172.8% | 86.5% |
| Beta vs S&P 500 | 1.92 | 1.15 |
| Max drawdown (3Y) | -94.7% | -83.2% |
| 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 | MTEK |
|---|---|---|
| 2022 | -56.5% | – |
| 2023 | -84.2% | +25.3% |
| 2024 | +1768.4% | +384.6% |
| 2025 | -89.6% | -77.0% |
| 2026 | -10.1% | -6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KULR and MTEK good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KULR and MTEK?
As of 2026-08-27, the correlation of weekly returns between KULR and MTEK is 0.41 over 3 years, 0.14 over 1 year and 0.38 over 5 years.
Is MTEK a good diversifier for KULR?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/kulr-vs-mtek.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kulr-vs-mtek/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KULR correlations · MTEK correlations
