MTC vs RGR: Correlation
How closely do MMTec, Inc. (MTC) and Sturm, Ruger & Company, Inc. (RGR) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTC and RGR?
On 3 years of weekly data the MTC/RGR correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.52) runs below the 3-year figure (-0.27). The 5-year figure is -0.25, and annualized covariance runs at -2083.6 %².
Among the 18 assets we track against MTC, RGR sits near the bottom by co-movement, at rank #14. Correlation aside, the last 12 months split them widely, with MTC ahead by 292.8 points (+302.1% versus +9.3%). Note the risk asymmetry: MTC runs 8.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MTC vs RGR: side by side
| MTC (MMTec, Inc.) | RGR (Sturm, Ruger & Company, Inc.) | |
|---|---|---|
| 1-year return | +302.1% | +9.3% |
| 5-year return | -96.8% | -41.2% |
| Volatility (ann.) | 261.2% | 29.8% |
| Beta vs S&P 500 | 0.26 | 0.09 |
| Max drawdown (3Y) | -99.6% | -46.0% |
| Market cap | $0.4B | $0.6B |
| P/E (trailing) | 5.1 | 51.7 |
| Dividend yield | 0.00% | 1.15% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTC | RGR |
|---|---|---|
| 2022 | -88.3% | -15.4% |
| 2023 | +29.0% | -8.0% |
| 2024 | -80.4% | -20.9% |
| 2025 | +117.8% | -6.1% |
| 2026 | +11.7% | +16.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTC and RGR good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MTC and RGR?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.52 over the last year and -0.25 over 5 years.
Is RGR a good diversifier for MTC?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/mtc-vs-rgr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mtc-vs-rgr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MTC correlations · RGR correlations
