MNDR vs PRPO: Correlation
How closely do Mobile-health Network Solutions - Class A (MNDR) and Precipio, Inc. (PRPO) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNDR and PRPO?
On 3 years of weekly data the MNDR/PRPO correlation comes out at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 3618.2 %².
By 3-year correlation, PRPO places #6 of the 40 assets tracked against MNDR. Correlation aside, the last 12 months split them widely, with PRPO ahead by 186.8 points (-94.9% versus +91.9%). Risk is not evenly split, since MNDR carries 2.3 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.
MNDR vs PRPO: side by side
| MNDR (Mobile-health Network Solutions - Class A) | PRPO (Precipio, Inc.) | |
|---|---|---|
| 1-year return | -94.9% | +91.9% |
| 5-year return | n/a | -55.4% |
| Volatility (ann.) | 161.8% | 71.4% |
| Beta vs S&P 500 | -0.61 | 0.51 |
| Max drawdown (3Y) | -100.0% | -55.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MNDR | PRPO |
|---|---|---|
| 2022 | – | -65.1% |
| 2023 | – | -41.0% |
| 2024 | – | -14.8% |
| 2025 | -93.0% | +314.8% |
| 2026 | -68.6% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNDR and PRPO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MNDR and PRPO?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.41 over the last year and n/a over 5 years.
Is PRPO a good diversifier for MNDR?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mndr-vs-prpo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mndr-vs-prpo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MNDR correlations · PRPO correlations