MOBX vs SOC: Correlation
Measured on weekly returns over the past three years, Mobix Labs, Inc. (MOBX) and Sable Offshore Corp. (SOC) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOBX and SOC?
Across a 3-year window, the weekly returns of MOBX and SOC correlate at 0.39, moderate. The past 12 months show a tighter link (0.51) than the 3-year average (0.39). Stretching to 5 years gives 0.39, with an annualized covariance of 13270.4 %².
Within MOBX's tracked universe of 77 assets, SOC comes in at #13 by 3-year correlation. Twelve-month performance is nearly a tie, at -88.0% for MOBX and -83.6% for SOC. One caveat on sizing: MOBX is 3.3 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 SOC: side by side
| MOBX (Mobix Labs, Inc.) | SOC (Sable Offshore Corp.) | |
|---|---|---|
| 1-year return | -88.0% | -83.6% |
| 5-year return | -98.8% | -51.7% |
| Volatility (ann.) | 333.1% | 101.7% |
| Beta vs S&P 500 | -0.62 | 0.03 |
| Max drawdown (3Y) | -99.1% | -90.7% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MOBX | SOC |
|---|---|---|
| 2022 | +3.8% | +3.4% |
| 2023 | -60.6% | +13.3% |
| 2024 | -57.7% | +101.1% |
| 2025 | -84.3% | -60.6% |
| 2026 | -57.3% | -48.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOBX and SOC good diversifiers for each other?
Reasonably. At 0.39, MOBX and SOC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MOBX and SOC?
The MOBX/SOC correlation stands at 0.39 on a 3-year window (1 year: 0.51, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is SOC a good diversifier for MOBX?
Reasonably. At 0.39, MOBX and SOC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/mobx-vs-soc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mobx-vs-soc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MOBX correlations · SOC correlations
