MNDR vs SEED: Correlation
Measured on weekly returns over the past three years, Mobile-health Network Solutions - Class A (MNDR) and Origin Agritech Limited (SEED) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNDR and SEED?
On 3 years of weekly data the MNDR/SEED correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -2904.1 %².
Within MNDR's tracked universe of 40 assets, SEED comes in at #24 by 3-year correlation. The last year tells two different stories: SEED led by 75.2 percentage points, -94.9% for MNDR against -19.7% for SEED. One caveat on sizing: MNDR 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.
MNDR vs SEED: side by side
| MNDR (Mobile-health Network Solutions - Class A) | SEED (Origin Agritech Limited) | |
|---|---|---|
| 1-year return | -94.9% | -19.7% |
| 5-year return | n/a | -88.2% |
| Volatility (ann.) | 161.8% | 86.1% |
| Beta vs S&P 500 | -0.61 | 0.93 |
| Max drawdown (3Y) | -100.0% | -86.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MNDR | SEED |
|---|---|---|
| 2022 | – | -3.1% |
| 2023 | – | -67.6% |
| 2024 | – | -6.7% |
| 2025 | -93.0% | -47.1% |
| 2026 | -68.6% | -11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNDR and SEED good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between MNDR and SEED?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.32 over the last year and n/a over 5 years.
Is SEED a good diversifier for MNDR?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/mndr-vs-seed.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mndr-vs-seed/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MNDR correlations · SEED correlations
