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MDXH vs YYAI: Correlation

MDxHealth SA (MDXH) and AiRWA Inc. (YYAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.68
last 12 months
Correlation (5Y)
0.40
long-run
Ann. covariance
33903.6
%² · weekly, annualized

How correlated are MDXH and YYAI?

On 3 years of weekly data the MDXH/YYAI correlation comes out at 0.46, moderate. The past 12 months show a tighter link (0.68) than the 3-year average (0.46). The 5-year figure is 0.40, and annualized covariance runs at 33903.6 %².

Within MDXH's tracked universe of 14 assets, YYAI comes in at #5 by 3-year correlation. The last year tells two different stories: MDXH led by 20.1 percentage points, -79.9% for MDXH against -100.0% for YYAI. One caveat on sizing: YYAI is 9.8 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.

MDXH vs YYAI: side by side

MDXH (MDxHealth SA)YYAI (AiRWA Inc.)
1-year return-79.9%-100.0%
5-year return-94.0%-100.0%
Volatility (ann.)86.5%848.8%
Beta vs S&P 5001.97-0.53
Max drawdown (3Y)-92.0%-100.0%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MDXH -92.0% vs -100.0%Higher 5y return: MDXH -94.0% vs -100.0%
-100%0%+48%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. MDXH · YYAI

Year-by-year returns

YearMDXHYYAI
2022-30.6%-98.6%
2023-40.4%-97.8%
2024-39.8%-69.5%
2025+50.6%-98.7%
2026-79.8%-96.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MDXH and YYAI good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between MDXH and YYAI?

The MDXH/YYAI correlation stands at 0.46 on a 3-year window (1 year: 0.68, 5 years: 0.40), computed from weekly returns as of 2026-08-27.

Is YYAI a good diversifier for MDXH?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

A reading of 0.46 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

JSON API · no key required
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MDXH vs YYAI: 3-year weekly correlation 0.46MDXH vs YYAI0.46

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Hubs: MDXH correlations · YYAI correlations