PairBook
HomeMI › MI vs PLUR

MI vs PLUR: Correlation

How closely do NFT Limited Class A (MI) and Pluri Inc. (PLUR) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.

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

Correlation (3Y)
-0.24
negative
Correlation (1Y)
-0.47
last 12 months
Correlation (5Y)
-0.19
long-run
Ann. covariance
-75379.0
%² · weekly, annualized

How correlated are MI and PLUR?

Across a 3-year window, the weekly returns of MI and PLUR correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.47 versus -0.24 over 3 years. Stretching to 5 years gives -0.19, with an annualized covariance of -75379.0 %².

Among the 32 assets we track against MI, PLUR ranks #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MI ahead by 57.8 points (-10.3% versus -68.1%). Note the risk asymmetry: MI runs 63.8 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.

MI vs PLUR: side by side

MI (NFT Limited Class A)PLUR (Pluri Inc.)
1-year return-10.3%-68.1%
5-year return-99.5%-93.5%
Volatility (ann.)4443.9%69.6%
Beta vs S&P 5008.210.94
Max drawdown (3Y)-98.5%-81.9%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: PLUR -81.9% vs -98.5%Higher 5y return: PLUR -93.5% vs -99.5%
-94%0%+384%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MI · PLUR

Year-by-year returns

YearMIPLUR
2022-86.4%-35.6%
2023-66.2%-38.3%
2024-61.9%-7.8%
2025+13.3%-30.1%
2026-28.9%-48.8%

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

Are MI and PLUR good diversifiers for each other?

By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.

FAQ

What is the correlation between MI and PLUR?

The MI/PLUR correlation stands at -0.24 on a 3-year window (1 year: -0.47, 5 years: -0.19), computed from weekly returns as of 2026-08-27.

Is PLUR a good diversifier for MI?

By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.

What does a correlation of -0.24 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/mi-vs-plur.json

MI vs PLUR: 3-year weekly correlation -0.24MI vs PLUR-0.24

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

[![MI vs PLUR correlation](https://www.pairbook.io/api/v1/badge/mi-vs-plur.svg)](https://www.pairbook.io/pair/mi-vs-plur/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: MI correlations · PLUR correlations