MBAI vs WILC: Correlation
How closely do Check-Cap Ltd. (MBAI) and G. Willi-Food International, Ltd. (WILC) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MBAI and WILC?
Over the past 3 years, MBAI and WILC moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus -0.19 over 3 years. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -3323.0 %².
Among the 26 assets we track against MBAI, WILC ranks #16 by 3-year correlation. The last year tells two different stories: MBAI led by 870.0 percentage points, +910.8% for MBAI against +40.8% for WILC. One caveat on sizing: MBAI is 12.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 WILC: side by side
| MBAI (Check-Cap Ltd.) | WILC (G. Willi-Food International, Ltd.) | |
|---|---|---|
| 1-year return | +910.8% | +40.8% |
| 5-year return | -69.3% | +69.9% |
| Volatility (ann.) | 474.4% | 36.7% |
| Beta vs S&P 500 | 1.76 | 0.54 |
| Max drawdown (3Y) | -87.3% | -30.6% |
| Market cap | – | $0.4B |
| P/E (trailing) | 1.4 | 16.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MBAI | WILC |
|---|---|---|
| 2022 | -83.7% | -26.1% |
| 2023 | -5.5% | -17.5% |
| 2024 | -52.4% | +62.6% |
| 2025 | +63.6% | +86.6% |
| 2026 | +305.6% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MBAI and WILC good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MBAI and WILC?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.33 over the last year and -0.12 over 5 years.
Is WILC a good diversifier for MBAI?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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-wilc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mbai-vs-wilc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MBAI correlations · WILC correlations
