MF vs UMAC: Correlation
How closely do MindForge Inc. - Class A (MF) and Unusual Machines, Inc. (UMAC) trade together? Their weekly returns over three years give a correlation of 0.80, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MF and UMAC?
Across a 3-year window, the weekly returns of MF and UMAC correlate at 0.80, very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (-0.03) than the 3-year average (0.80). Stretching to 5 years gives n/a, with an annualized covariance of 167051.9 %².
UMAC is one of the assets that tracks MF most closely: it ranks #3 out of the 23 assets we track against MF. The last year tells two different stories: UMAC led by 228.7 percentage points, -71.6% for MF against +157.1% for UMAC. One caveat on sizing: MF is 3.3 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.
MF vs UMAC: side by side
| MF (MindForge Inc. - Class A) | UMAC (Unusual Machines, Inc.) | |
|---|---|---|
| 1-year return | -71.6% | +157.1% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 830.3% | 248.9% |
| Beta vs S&P 500 | 3.38 | 3.43 |
| Max drawdown (3Y) | -99.7% | -75.6% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are MF and UMAC good diversifiers for each other?
No. With a correlation of 0.80, MF and UMAC move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between MF and UMAC?
As of 2026-08-27, the correlation of weekly returns between MF and UMAC is 0.80 over 3 years, -0.03 over 1 year and n/a over 5 years.
Is UMAC a good diversifier for MF?
No. With a correlation of 0.80, MF and UMAC move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.80 mean?
On the −1 to +1 scale, 0.80 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/mf-vs-umac.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mf-vs-umac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MF correlations · UMAC correlations
