MOB vs WRB: Correlation
Measured on weekly returns over the past three years, Mobilicom Limited (MOB) and W. R. Berkley Corporation (WRB) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOB and WRB?
Over the past 3 years, MOB and WRB moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.29) sits close to the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -459.7 %².
WRB is close to the least connected end of MOB's tracked universe, ranking #8 of 11. Their 12-month results are close: -2.6% for MOB against -2.0% for WRB. One caveat on sizing: MOB is 4.2 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.
MOB vs WRB: side by side
| MOB (Mobilicom Limited) | WRB (W. R. Berkley Corporation) | |
|---|---|---|
| 1-year return | -2.6% | -2.0% |
| 5-year return | n/a | +130.5% |
| Volatility (ann.) | 95.6% | 22.5% |
| Beta vs S&P 500 | 1.42 | 0.19 |
| Max drawdown (3Y) | -69.7% | -17.6% |
| Market cap | $0.1B | $25.4B |
| P/E (trailing) | – | 14.1 |
| Dividend yield | 0.00% | 0.54% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | MOB | WRB |
|---|---|---|
| 2022 | – | +33.9% |
| 2023 | +100.0% | +0.2% |
| 2024 | +96.4% | +27.2% |
| 2025 | +60.1% | +23.0% |
| 2026 | -6.1% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOB and WRB good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between MOB and WRB?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.29 over the last year and -0.14 over 5 years.
Is WRB a good diversifier for MOB?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-wrb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mob-vs-wrb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MOB correlations · WRB correlations
