MAMA vs MTEX: Correlation
Mama's Creations, Inc. (MAMA) and Mannatech, Incorporated (MTEX) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAMA and MTEX?
Across a 3-year window, the weekly returns of MAMA and MTEX correlate at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. Stretching to 5 years gives -0.11, with an annualized covariance of -797.1 %².
MTEX is close to the least connected end of MAMA's tracked universe, ranking #9 of 11. The last year tells two different stories: MAMA led by 115.9 percentage points, +87.4% for MAMA against -28.5% for MTEX.
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.
MAMA vs MTEX: side by side
| MAMA (Mama's Creations, Inc.) | MTEX (Mannatech, Incorporated) | |
|---|---|---|
| 1-year return | +87.4% | -28.5% |
| 5-year return | +535.7% | -79.1% |
| Volatility (ann.) | 49.3% | 65.8% |
| Beta vs S&P 500 | 0.49 | 0.48 |
| Max drawdown (3Y) | -42.5% | -74.9% |
| Market cap | $0.7B | – |
| P/E (trailing) | 106.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAMA | MTEX |
|---|---|---|
| 2022 | -10.7% | -51.7% |
| 2023 | +173.5% | -53.5% |
| 2024 | +62.1% | +65.8% |
| 2025 | +69.5% | -38.6% |
| 2026 | +18.8% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAMA and MTEX good diversifiers for each other?
Yes. With a correlation of -0.25, MAMA and MTEX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MAMA and MTEX?
The MAMA/MTEX correlation stands at -0.25 on a 3-year window (1 year: -0.23, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is MTEX a good diversifier for MAMA?
Yes. With a correlation of -0.25, MAMA and MTEX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/mama-vs-mtex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mama-vs-mtex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MAMA correlations · MTEX correlations
