MF vs MRT: Correlation
MindForge Inc. - Class A (MF) and Marti Technologies, Inc. Class A (MRT) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MF and MRT?
Over the past 3 years, MF and MRT moved with a correlation of 0.52, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.05 versus 0.52 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 33852.8 %².
Within MF's tracked universe of 23 assets, MRT comes in at #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MRT outperformed by 63.2 percentage points (-71.6% for MF against -8.4% for MRT). Note the risk asymmetry: MF runs 10.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MF vs MRT: side by side
| MF (MindForge Inc. - Class A) | MRT (Marti Technologies, Inc. Class A) | |
|---|---|---|
| 1-year return | -71.6% | -8.4% |
| 5-year return | n/a | -76.5% |
| Volatility (ann.) | 830.3% | 81.0% |
| Beta vs S&P 500 | 3.38 | 0.38 |
| Max drawdown (3Y) | -99.7% | -65.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MF | MRT |
|---|---|---|
| 2022 | – | +3.1% |
| 2023 | – | -93.6% |
| 2024 | – | +421.5% |
| 2025 | -40.7% | -30.1% |
| 2026 | -62.4% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MF and MRT good diversifiers for each other?
Only partially. A correlation of 0.52 means MF and MRT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MF and MRT?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with -0.05 over the last year and n/a over 5 years.
Is MRT a good diversifier for MF?
Only partially. A correlation of 0.52 means MF and MRT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 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/mf-vs-mrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mf-vs-mrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MF correlations · MRT correlations
