MOB vs RGTI: Correlation
How closely do Mobilicom Limited (MOB) and Rigetti Computing, Inc. (RGTI) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOB and RGTI?
On 3 years of weekly data the MOB/RGTI correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.42 over 3. The 5-year figure is 0.38, and annualized covariance runs at 5199.5 %².
RGTI is one of the assets that tracks MOB most closely: it ranks #2 out of the 11 assets we track against MOB. Over the last 12 months RGTI came out ahead by 9.4 percentage points (-2.6% against +6.8%).
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.
MOB vs RGTI: side by side
| MOB (Mobilicom Limited) | RGTI (Rigetti Computing, Inc.) | |
|---|---|---|
| 1-year return | -2.6% | +6.8% |
| 5-year return | n/a | +69.5% |
| Volatility (ann.) | 95.6% | 129.7% |
| Beta vs S&P 500 | 1.42 | 2.64 |
| Max drawdown (3Y) | -69.7% | -77.1% |
| Market cap | $0.1B | $5.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MOB | RGTI |
|---|---|---|
| 2022 | – | -92.9% |
| 2023 | +100.0% | +35.1% |
| 2024 | +96.4% | +1449.2% |
| 2025 | +60.1% | +45.2% |
| 2026 | -6.1% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOB and RGTI good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MOB and RGTI?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.39 over the last year and 0.38 over 5 years.
Is RGTI a good diversifier for MOB?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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
$ curl https://www.pairbook.io/api/v1/pairs/mob-vs-rgti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mob-vs-rgti/)
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Related comparisons
Hubs: MOB correlations · RGTI correlations
