MCRB vs MLEC: Correlation
Measured on weekly returns over the past three years, Seres Therapeutics, Inc. (MCRB) and Moolec Science SA (MLEC) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCRB and MLEC?
Over the past 3 years, MCRB and MLEC moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.31 versus -0.18 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -1925.9 %².
MLEC is close to the least connected end of MCRB's tracked universe, ranking #10 of 11. The trailing year gives MLEC the advantage: -73.8% versus -64.3%, a 9.5-point spread.
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.
MCRB vs MLEC: side by side
| MCRB (Seres Therapeutics, Inc.) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | -73.8% | -64.3% |
| 5-year return | -96.0% | -99.5% |
| Volatility (ann.) | 103.2% | 104.4% |
| Beta vs S&P 500 | 1.38 | -0.21 |
| Max drawdown (3Y) | -94.0% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCRB | MLEC |
|---|---|---|
| 2022 | -32.8% | +22.7% |
| 2023 | -75.0% | -79.7% |
| 2024 | -40.6% | -67.5% |
| 2025 | -10.5% | -96.8% |
| 2026 | -66.7% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCRB and MLEC good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between MCRB and MLEC?
The MCRB/MLEC correlation stands at -0.18 on a 3-year window (1 year: -0.31, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is MLEC a good diversifier for MCRB?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 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/mcrb-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mcrb-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MCRB correlations · MLEC correlations
