MBOT vs SPCB: Correlation
How closely do Microbot Medical Inc. (MBOT) and SuperCom, Ltd. (SPCB) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MBOT and SPCB?
Over the past 3 years, MBOT and SPCB moved with a correlation of 0.41, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.41 over 3 years. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 4699.1 %².
Among the 19 assets we track against MBOT, SPCB ranks #9 by 3-year correlation. The last year tells two different stories: SPCB led by 75.2 percentage points, -63.1% for MBOT against +12.1% for SPCB.
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.
MBOT vs SPCB: side by side
| MBOT (Microbot Medical Inc.) | SPCB (SuperCom, Ltd.) | |
|---|---|---|
| 1-year return | -63.1% | +12.1% |
| 5-year return | -79.9% | -95.6% |
| Volatility (ann.) | 97.0% | 119.2% |
| Beta vs S&P 500 | 1.83 | 1.19 |
| Max drawdown (3Y) | -67.3% | -84.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 14.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MBOT | SPCB |
|---|---|---|
| 2022 | -59.9% | -68.2% |
| 2023 | -45.5% | -78.1% |
| 2024 | -31.7% | -38.2% |
| 2025 | +78.6% | +87.8% |
| 2026 | -25.0% | +12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MBOT and SPCB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MBOT and SPCB?
As of 2026-08-27, the correlation of weekly returns between MBOT and SPCB is 0.41 over 3 years, 0.22 over 1 year and 0.33 over 5 years.
Is SPCB a good diversifier for MBOT?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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.
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Related comparisons
Hubs: MBOT correlations · SPCB correlations