MLEC vs NSP: Correlation
Measured on weekly returns over the past three years, Moolec Science SA (MLEC) and Insperity, Inc. (NSP) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MLEC and NSP?
Across a 3-year window, the weekly returns of MLEC and NSP correlate at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.28). Stretching to 5 years gives -0.21, with an annualized covariance of -1569.1 %².
Among the 24 assets we track against MLEC, NSP sits near the bottom by co-movement, at rank #24. Correlation aside, the last 12 months split them widely, with NSP ahead by 65.6 points (-64.3% versus +1.3%). One caveat on sizing: MLEC is 1.9 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.
MLEC vs NSP: side by side
| MLEC (Moolec Science SA) | NSP (Insperity, Inc.) | |
|---|---|---|
| 1-year return | -64.3% | +1.3% |
| 5-year return | -99.5% | -44.3% |
| Volatility (ann.) | 104.4% | 54.1% |
| Beta vs S&P 500 | -0.21 | 0.97 |
| Max drawdown (3Y) | -99.3% | -81.5% |
| Market cap | – | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MLEC | NSP |
|---|---|---|
| 2022 | +22.7% | -1.9% |
| 2023 | -79.7% | +5.2% |
| 2024 | -67.5% | -32.1% |
| 2025 | -96.8% | -47.8% |
| 2026 | +78.0% | +40.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MLEC and NSP good diversifiers for each other?
Yes. With a correlation of -0.28, MLEC and NSP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MLEC and NSP?
The MLEC/NSP correlation stands at -0.28 on a 3-year window (1 year: -0.40, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is NSP a good diversifier for MLEC?
Yes. With a correlation of -0.28, MLEC and NSP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
A reading of -0.28 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/mlec-vs-nsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mlec-vs-nsp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MLEC correlations · NSP correlations
