MOBX vs SYNX: Correlation
How closely do Mobix Labs, Inc. (MOBX) and Silynxcom Ltd. (SYNX) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOBX and SYNX?
Over the past 3 years, MOBX and SYNX moved with a correlation of 0.37, which is moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.37). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 11867.1 %².
Within MOBX's tracked universe of 77 assets, SYNX comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SYNX outperformed by 49.0 percentage points (-88.0% for MOBX against -39.0% for SYNX). One caveat on sizing: MOBX is 3.7 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 SYNX: side by side
| MOBX (Mobix Labs, Inc.) | SYNX (Silynxcom Ltd.) | |
|---|---|---|
| 1-year return | -88.0% | -39.0% |
| 5-year return | -98.8% | n/a |
| Volatility (ann.) | 333.1% | 91.1% |
| Beta vs S&P 500 | -0.62 | 1.24 |
| Max drawdown (3Y) | -99.1% | -84.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MOBX | SYNX |
|---|---|---|
| 2022 | +3.8% | – |
| 2023 | -60.6% | – |
| 2024 | -57.7% | – |
| 2025 | -84.3% | -70.4% |
| 2026 | -57.3% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOBX and SYNX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MOBX and SYNX?
The MOBX/SYNX correlation stands at 0.37 on a 3-year window (1 year: 0.60, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SYNX a good diversifier for MOBX?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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.
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Related comparisons
Hubs: MOBX correlations · SYNX correlations
