LOAR vs MPTI: Correlation
How closely do Loar Holdings Inc. (LOAR) and M-tron Industries, Inc. (MPTI) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOAR and MPTI?
Across a 3-year window, the weekly returns of LOAR and MPTI correlate at 0.47, moderate. The past 12 months show a weaker link (0.36) than the 3-year average (0.47). Stretching to 5 years gives n/a, with an annualized covariance of 1318.1 %².
In LOAR's tracked universe of 23 assets, MPTI sits right near the top at #3. Correlation aside, the last 12 months split them widely, with MPTI ahead by 74.3 points (-0.4% versus +73.9%).
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.
LOAR vs MPTI: side by side
| LOAR (Loar Holdings Inc.) | MPTI (M-tron Industries, Inc.) | |
|---|---|---|
| 1-year return | -0.4% | +73.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 49.2% | 68.5% |
| Beta vs S&P 500 | 1.21 | 1.51 |
| Max drawdown (3Y) | -46.0% | -50.0% |
| Market cap | $6.8B | $0.3B |
| P/E (trailing) | 102.9 | 31.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOAR | MPTI |
|---|---|---|
| 2023 | – | +308.0% |
| 2024 | – | +35.7% |
| 2025 | -8.0% | +9.9% |
| 2026 | +7.5% | +47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOAR and MPTI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LOAR and MPTI?
The LOAR/MPTI correlation stands at 0.47 on a 3-year window (1 year: 0.36, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MPTI a good diversifier for LOAR?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/loar-vs-mpti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/loar-vs-mpti/)
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Related comparisons
Hubs: LOAR correlations · MPTI correlations
