MRAM vs WYY: Correlation
Measured on weekly returns over the past three years, Everspin Technologies, Inc. (MRAM) and WidePoint Corporation (WYY) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRAM and WYY?
Across a 3-year window, the weekly returns of MRAM and WYY correlate at 0.37, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.37 over 3 years. Stretching to 5 years gives 0.33, with an annualized covariance of 2102.4 %².
Within MRAM's tracked universe of 22 assets, WYY comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MRAM ahead by 56.1 points (+173.2% versus +117.1%).
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.
MRAM vs WYY: side by side
| MRAM (Everspin Technologies, Inc.) | WYY (WidePoint Corporation) | |
|---|---|---|
| 1-year return | +173.2% | +117.1% |
| 5-year return | +134.7% | +85.8% |
| Volatility (ann.) | 69.5% | 81.3% |
| Beta vs S&P 500 | 1.58 | 1.48 |
| Max drawdown (3Y) | -70.6% | -57.0% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MRAM | WYY |
|---|---|---|
| 2022 | -50.8% | -53.7% |
| 2023 | +62.6% | +27.5% |
| 2024 | -29.3% | +108.6% |
| 2025 | +45.2% | +11.0% |
| 2026 | +88.1% | +89.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRAM and WYY good diversifiers for each other?
Reasonably. At 0.37, MRAM and WYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MRAM and WYY?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.49 over the last year and 0.33 over 5 years.
Is WYY a good diversifier for MRAM?
Reasonably. At 0.37, MRAM and WYY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/mram-vs-wyy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mram-vs-wyy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MRAM correlations · WYY correlations
