PairBook
HomeMF › MF vs TBBB

MF vs TBBB: Correlation

Measured on weekly returns over the past three years, MindForge Inc. - Class A (MF) and BBB Foods Inc. Class A (TBBB) carry a correlation of -0.24, a negative link.

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

Correlation (3Y)
-0.24
negative
Correlation (1Y)
0.22
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-8607.9
%² · weekly, annualized

How correlated are MF and TBBB?

Over the past 3 years, MF and TBBB moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.22) runs above the 3-year figure (-0.24). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -8607.9 %².

Out of 23 assets tracked against MF, TBBB lands near the bottom at #22. Correlation aside, the last 12 months split them widely, with TBBB ahead by 157.5 points (-71.6% versus +85.9%). Note the risk asymmetry: MF runs 19.9 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 TBBB: side by side

MF (MindForge Inc. - Class A)TBBB (BBB Foods Inc. Class A)
1-year return-71.6%+85.9%
5-year returnn/an/a
Volatility (ann.)830.3%41.8%
Beta vs S&P 5003.380.96
Max drawdown (3Y)-99.7%-29.6%
Market cap$5.9B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TBBB -29.6% vs -99.7%
-96%0%+94%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. MF · TBBB

Are MF and TBBB good diversifiers for each other?

Yes. With a correlation of -0.24, MF and TBBB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between MF and TBBB?

The MF/TBBB correlation stands at -0.24 on a 3-year window (1 year: 0.22, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is TBBB a good diversifier for MF?

Yes. With a correlation of -0.24, MF and TBBB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.24 mean?

A reading of -0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/mf-vs-tbbb.json

MF vs TBBB: 3-year weekly correlation -0.24MF vs TBBB-0.24

Embed this badge (it refreshes with the data), with attribution:

[![MF vs TBBB correlation](https://www.pairbook.io/api/v1/badge/mf-vs-tbbb.svg)](https://www.pairbook.io/pair/mf-vs-tbbb/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: MF correlations · TBBB correlations