MPU vs NMAD: Correlation
Measured on weekly returns over the past three years, Mega Matrix Inc. Class A (MPU) and Nomad Power Solutions, Inc. (NMAD) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MPU and NMAD?
On 3 years of weekly data the MPU/NMAD correlation comes out at 0.41, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.05 versus 0.41 over 3 years. The 5-year figure is 0.32, and annualized covariance runs at 11242.1 %².
In MPU's tracked universe of 10 assets, NMAD sits right near the top at #2. Correlation aside, the last 12 months split them widely, with NMAD ahead by 120.5 points (-91.3% versus +29.2%).
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.
MPU vs NMAD: side by side
| MPU (Mega Matrix Inc. Class A) | NMAD (Nomad Power Solutions, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | +29.2% |
| 5-year return | -96.8% | -80.2% |
| Volatility (ann.) | 137.9% | 197.9% |
| Beta vs S&P 500 | 1.05 | 0.82 |
| Max drawdown (3Y) | -95.1% | -80.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MPU | NMAD |
|---|---|---|
| 2022 | -85.3% | -57.1% |
| 2023 | -19.9% | -53.9% |
| 2024 | -1.4% | -13.6% |
| 2025 | -34.5% | +93.6% |
| 2026 | -75.2% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MPU and NMAD good diversifiers for each other?
Reasonably. At 0.41, MPU and NMAD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MPU and NMAD?
The MPU/NMAD correlation stands at 0.41 on a 3-year window (1 year: -0.05, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is NMAD a good diversifier for MPU?
Reasonably. At 0.41, MPU and NMAD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/mpu-vs-nmad.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mpu-vs-nmad/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MPU correlations · NMAD correlations
