MMA vs ORBS: Correlation
How closely do Mixed Martial Arts Group Limited (MMA) and Eightco Holdings Inc. (ORBS) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MMA and ORBS?
On 3 years of weekly data the MMA/ORBS correlation comes out at 0.50, moderate. The link has tightened recently: the 1-year correlation (0.73) runs above the 3-year figure (0.50). The 5-year figure is n/a, and annualized covariance runs at 43384.0 %².
Few assets follow MMA as closely as ORBS, which ranks #2 of 10 tracked partners. The trailing year gives ORBS the advantage: -51.6% versus -44.9%, a 6.7-point spread. Note the risk asymmetry: ORBS runs 4.3 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.
MMA vs ORBS: side by side
| MMA (Mixed Martial Arts Group Limited) | ORBS (Eightco Holdings Inc.) | |
|---|---|---|
| 1-year return | -51.6% | -44.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 134.6% | 575.8% |
| Beta vs S&P 500 | 2.08 | 3.91 |
| Max drawdown (3Y) | -92.2% | -98.7% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MMA | ORBS |
|---|---|---|
| 2023 | – | -94.6% |
| 2024 | – | -14.8% |
| 2025 | -20.6% | -21.0% |
| 2026 | -58.9% | -52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MMA and ORBS good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MMA and ORBS?
As of 2026-08-27, the correlation of weekly returns between MMA and ORBS is 0.50 over 3 years, 0.73 over 1 year and n/a over 5 years.
Is ORBS a good diversifier for MMA?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/mma-vs-orbs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mma-vs-orbs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MMA correlations · ORBS correlations
