MI vs YYGH: Correlation
Measured on weekly returns over the past three years, NFT Limited Class A (MI) and YY Group Holding Limited - Class A (YYGH) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MI and YYGH?
On 3 years of weekly data the MI/YYGH correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.26 over 3. The 5-year figure is n/a, and annualized covariance runs at -194305.0 %².
Among the 32 assets we track against MI, YYGH sits near the bottom by co-movement, at rank #28. Correlation aside, the last 12 months split them widely, with MI ahead by 89.6 points (-10.3% versus -99.9%). Risk is not evenly split, since MI carries 30.2 times the volatility of the other side.
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 YYGH: side by side
| MI (NFT Limited Class A) | YYGH (YY Group Holding Limited - Class A) | |
|---|---|---|
| 1-year return | -10.3% | -99.9% |
| 5-year return | -99.5% | n/a |
| Volatility (ann.) | 4443.9% | 147.2% |
| Beta vs S&P 500 | 8.21 | 2.16 |
| Max drawdown (3Y) | -98.5% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MI | YYGH |
|---|---|---|
| 2022 | -86.4% | – |
| 2023 | -66.2% | – |
| 2024 | -61.9% | – |
| 2025 | +13.3% | -89.3% |
| 2026 | -28.9% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MI and YYGH good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between MI and YYGH?
As of 2026-08-27, the correlation of weekly returns between MI and YYGH is -0.26 over 3 years, -0.30 over 1 year and n/a over 5 years.
Is YYGH a good diversifier for MI?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/mi-vs-yygh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mi-vs-yygh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MI correlations · YYGH correlations
