MOBX vs MRX: Correlation
Measured on weekly returns over the past three years, Mobix Labs, Inc. (MOBX) and Marex Group Limited (MRX) carry a correlation of -0.35, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOBX and MRX?
Over the past 3 years, MOBX and MRX moved with a correlation of -0.35, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.35 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -5089.4 %².
Among the 77 assets we track against MOBX, MRX ranks #72 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MRX ahead by 187.6 points (-88.0% versus +99.6%). One caveat on sizing: MOBX is 8.5 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.
MOBX vs MRX: side by side
| MOBX (Mobix Labs, Inc.) | MRX (Marex Group Limited) | |
|---|---|---|
| 1-year return | -88.0% | +99.6% |
| 5-year return | -98.8% | n/a |
| Volatility (ann.) | 333.1% | 39.3% |
| Beta vs S&P 500 | -0.62 | 0.44 |
| Max drawdown (3Y) | -99.1% | -41.1% |
| Market cap | – | – |
| P/E (trailing) | – | 14.6 |
| Dividend yield | 0.00% | 1.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MOBX | MRX |
|---|---|---|
| 2022 | +3.8% | – |
| 2023 | -60.6% | – |
| 2024 | -57.7% | – |
| 2025 | -84.3% | +25.1% |
| 2026 | -57.3% | +87.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOBX and MRX good diversifiers for each other?
By historical standards, yes. A correlation of -0.35 means the two rarely move for the same reasons.
FAQ
What is the correlation between MOBX and MRX?
The MOBX/MRX correlation stands at -0.35 on a 3-year window (1 year: -0.45, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MRX a good diversifier for MOBX?
By historical standards, yes. A correlation of -0.35 means the two rarely move for the same reasons.
What does a correlation of -0.35 mean?
A reading of -0.35 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/mobx-vs-mrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mobx-vs-mrx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MOBX correlations · MRX correlations
