MNTS vs PRZO: Correlation
Measured on weekly returns over the past three years, Momentus Inc. (MNTS) and ParaZero Technologies Ltd. (PRZO) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNTS and PRZO?
Over the past 3 years, MNTS and PRZO moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.43 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 15163.7 %².
PRZO is one of the assets that tracks MNTS most closely: it ranks #3 out of the 15 assets we track against MNTS. The last year tells two different stories: PRZO led by 41.0 percentage points, -83.3% for MNTS against -42.3% for PRZO.
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.
MNTS vs PRZO: side by side
| MNTS (Momentus Inc.) | PRZO (ParaZero Technologies Ltd.) | |
|---|---|---|
| 1-year return | -83.3% | -42.3% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 205.9% | 172.1% |
| Beta vs S&P 500 | 3.44 | 1.95 |
| Max drawdown (3Y) | -99.9% | -88.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MNTS | PRZO |
|---|---|---|
| 2022 | -81.3% | – |
| 2023 | -95.6% | – |
| 2024 | -67.3% | +185.5% |
| 2025 | -96.6% | -59.9% |
| 2026 | -12.3% | -4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNTS and PRZO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MNTS and PRZO?
The MNTS/PRZO correlation stands at 0.43 on a 3-year window (1 year: 0.47, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PRZO a good diversifier for MNTS?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/mnts-vs-przo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mnts-vs-przo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MNTS correlations · PRZO correlations
