MIRA vs YIBO: Correlation
How closely do MIRA Pharmaceuticals, Inc. (MIRA) and Planet Image International Limited - Class A (YIBO) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MIRA and YIBO?
On 3 years of weekly data the MIRA/YIBO correlation comes out at 0.36, moderate. The past 12 months show a weaker link (0.08) than the 3-year average (0.36). The 5-year figure is n/a, and annualized covariance runs at 7890.4 %².
Within MIRA's tracked universe of 16 assets, YIBO comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months YIBO outperformed by 37.9 percentage points (-43.8% for MIRA against -5.9% for YIBO). Note the risk asymmetry: MIRA runs 1.9 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.
MIRA vs YIBO: side by side
| MIRA (MIRA Pharmaceuticals, Inc.) | YIBO (Planet Image International Limited - Class A) | |
|---|---|---|
| 1-year return | -43.8% | -5.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 211.2% | 109.6% |
| Beta vs S&P 500 | -0.07 | 0.81 |
| Max drawdown (3Y) | -91.5% | -85.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MIRA | YIBO |
|---|---|---|
| 2024 | +8.6% | – |
| 2025 | +32.5% | -72.1% |
| 2026 | -49.0% | +26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MIRA and YIBO good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MIRA and YIBO?
The MIRA/YIBO correlation stands at 0.36 on a 3-year window (1 year: 0.08, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YIBO a good diversifier for MIRA?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/mira-vs-yibo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mira-vs-yibo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MIRA correlations · YIBO correlations
