MMA vs SBFG: Correlation
Measured on weekly returns over the past three years, Mixed Martial Arts Group Limited (MMA) and SB Financial Group, Inc. (SBFG) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MMA and SBFG?
On 3 years of weekly data the MMA/SBFG correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -983.5 %².
Out of 10 assets tracked against MMA, SBFG lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months SBFG outperformed by 86.8 percentage points (-51.6% for MMA against +35.2% for SBFG). Risk is not evenly split, since MMA carries 4.5 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.
MMA vs SBFG: side by side
| MMA (Mixed Martial Arts Group Limited) | SBFG (SB Financial Group, Inc.) | |
|---|---|---|
| 1-year return | -51.6% | +35.2% |
| 5-year return | n/a | +88.6% |
| Volatility (ann.) | 134.6% | 29.8% |
| Beta vs S&P 500 | 2.08 | 0.34 |
| Max drawdown (3Y) | -92.2% | -27.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 10.3 |
| Dividend yield | 0.00% | 2.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MMA | SBFG |
|---|---|---|
| 2022 | – | -7.0% |
| 2023 | – | -5.9% |
| 2024 | – | +41.1% |
| 2025 | -20.6% | +9.5% |
| 2026 | -58.9% | +27.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MMA and SBFG good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MMA and SBFG?
The MMA/SBFG correlation stands at -0.24 on a 3-year window (1 year: -0.30, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SBFG a good diversifier for MMA?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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
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Related comparisons
Hubs: MMA correlations · SBFG correlations
