MBAI vs MNST: Correlation
How closely do Check-Cap Ltd. (MBAI) and Monster Beverage (MNST) trade together? Their weekly returns over three years give a correlation of -0.62, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MBAI and MNST?
Over the past 3 years, MBAI and MNST moved with a correlation of -0.62, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.68 over 1 year against -0.62 over 3. Over 5 years the correlation is -0.58, and the annualized covariance of weekly returns is -20247.7 %².
Among the 26 assets we track against MBAI, MNST sits near the bottom by co-movement, at rank #26. Correlation aside, the last 12 months split them widely, with MBAI ahead by 935.1 points (+910.8% versus -24.3%). Note the risk asymmetry: MBAI runs 6.9 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.
MBAI vs MNST: side by side
| MBAI (Check-Cap Ltd.) | MNST (Monster Beverage) | |
|---|---|---|
| 1-year return | +910.8% | -24.3% |
| 5-year return | -69.3% | -4.5% |
| Volatility (ann.) | 474.4% | 68.6% |
| Beta vs S&P 500 | 1.76 | 0.80 |
| Max drawdown (3Y) | -87.3% | -54.5% |
| Market cap | – | $91.5B |
| P/E (trailing) | 1.4 | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | MBAI | MNST |
|---|---|---|
| 2022 | -83.7% | +5.7% |
| 2023 | -5.5% | +13.5% |
| 2024 | -52.4% | -8.8% |
| 2025 | +63.6% | +45.9% |
| 2026 | +305.6% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MBAI and MNST good diversifiers for each other?
Yes: at -0.62, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MBAI and MNST?
The MBAI/MNST correlation stands at -0.62 on a 3-year window (1 year: -0.68, 5 years: -0.58), computed from weekly returns as of 2026-08-27.
Is MNST a good diversifier for MBAI?
Yes: at -0.62, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.62 mean?
A reading of -0.62 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/mbai-vs-mnst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mbai-vs-mnst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MBAI correlations · MNST correlations
