MDBH vs REED: Correlation
How closely do MDB Capital Holdings, LLC - Class A common (MDBH) and Reed's, Inc. (REED) trade together? Their weekly returns over three years give a correlation of -0.16, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDBH and REED?
Across a 3-year window, the weekly returns of MDBH and REED correlate at -0.16, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.10 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -1076.0 %².
Out of 10 assets tracked against MDBH, REED lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months MDBH outperformed by 68.2 percentage points (-15.9% for MDBH against -84.1% for REED). One caveat on sizing: REED is 1.7 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.
MDBH vs REED: side by side
| MDBH (MDB Capital Holdings, LLC - Class A common) | REED (Reed's, Inc.) | |
|---|---|---|
| 1-year return | -15.9% | -84.1% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 63.1% | 104.6% |
| Beta vs S&P 500 | 0.25 | -0.39 |
| Max drawdown (3Y) | -78.6% | -96.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MDBH | REED |
|---|---|---|
| 2022 | – | -80.6% |
| 2023 | – | -54.3% |
| 2024 | -45.4% | -60.6% |
| 2025 | -48.5% | -44.4% |
| 2026 | -10.6% | -53.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDBH and REED good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between MDBH and REED?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with -0.10 over the last year and n/a over 5 years.
Is REED a good diversifier for MDBH?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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/mdbh-vs-reed.json
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Related comparisons
Hubs: MDBH correlations · REED correlations
