MNDR vs SPWR: Correlation
Measured on weekly returns over the past three years, Mobile-health Network Solutions - Class A (MNDR) and SunPower Inc. (SPWR) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNDR and SPWR?
On 3 years of weekly data the MNDR/SPWR correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.08) runs above the 3-year figure (-0.20). The 5-year figure is n/a, and annualized covariance runs at -5043.9 %².
By 3-year correlation, SPWR places #17 of the 40 assets tracked against MNDR. On 12-month performance SPWR holds a 14.5-point edge, -94.9% against -80.4%.
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 SPWR: side by side
| MNDR (Mobile-health Network Solutions - Class A) | SPWR (SunPower Inc.) | |
|---|---|---|
| 1-year return | -94.9% | -80.4% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 161.8% | 146.1% |
| Beta vs S&P 500 | -0.61 | 1.97 |
| Max drawdown (3Y) | -100.0% | -92.9% |
| 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 | SPWR |
|---|---|---|
| 2024 | – | +11.5% |
| 2025 | -93.0% | -12.3% |
| 2026 | -68.6% | -81.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNDR and SPWR good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MNDR and SPWR?
As of 2026-08-27, the correlation of weekly returns between MNDR and SPWR is -0.20 over 3 years, 0.08 over 1 year and n/a over 5 years.
Is SPWR a good diversifier for MNDR?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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-spwr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mndr-vs-spwr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MNDR correlations · SPWR correlations
