MBAI vs MVIS: Correlation
Check-Cap Ltd. (MBAI) and MicroVision, Inc. (MVIS) show a strong relationship: their 3-year correlation of weekly returns is 0.69.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MBAI and MVIS?
On 3 years of weekly data the MBAI/MVIS correlation comes out at 0.69, strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.69 over 3. The 5-year figure is 0.68, and annualized covariance runs at 287521.0 %².
By 3-year correlation, MVIS places #8 of the 26 assets tracked against MBAI. The last year tells two different stories: MBAI led by 842.9 percentage points, +910.8% for MBAI against +67.9% for MVIS. Note the risk asymmetry: MVIS runs 1.9 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 MVIS: side by side
| MBAI (Check-Cap Ltd.) | MVIS (MicroVision, Inc.) | |
|---|---|---|
| 1-year return | +910.8% | +67.9% |
| 5-year return | -69.3% | -87.1% |
| Volatility (ann.) | 474.4% | 882.4% |
| Beta vs S&P 500 | 1.76 | 3.46 |
| Max drawdown (3Y) | -87.3% | -95.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | 1.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MBAI | MVIS |
|---|---|---|
| 2022 | -83.7% | -53.1% |
| 2023 | -5.5% | +13.2% |
| 2024 | -52.4% | -50.8% |
| 2025 | +63.6% | -36.6% |
| 2026 | +305.6% | +126.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MBAI and MVIS good diversifiers for each other?
Only partially. A correlation of 0.69 means MBAI and MVIS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MBAI and MVIS?
The MBAI/MVIS correlation stands at 0.69 on a 3-year window (1 year: 0.69, 5 years: 0.68), computed from weekly returns as of 2026-08-27.
Is MVIS a good diversifier for MBAI?
Only partially. A correlation of 0.69 means MBAI and MVIS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/mbai-vs-mvis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mbai-vs-mvis/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MBAI correlations · MVIS correlations
