MTEK vs NVNI: Correlation
Maris-Tech Ltd. (MTEK) and Nvni Group Limited (NVNI) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTEK and NVNI?
Over the past 3 years, MTEK and NVNI moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 38932.3 %².
Few assets follow MTEK as closely as NVNI, which ranks #1 of 12 tracked partners. Their recent paths diverged sharply: over the last 12 months MTEK outperformed by 24.3 percentage points (-58.7% for MTEK against -83.0% for NVNI). One caveat on sizing: NVNI is 11.0 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.
MTEK vs NVNI: side by side
| MTEK (Maris-Tech Ltd.) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | -58.7% | -83.0% |
| 5-year return | -65.4% | -98.9% |
| Volatility (ann.) | 86.5% | 949.3% |
| Beta vs S&P 500 | 1.15 | -4.03 |
| Max drawdown (3Y) | -83.2% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTEK | NVNI |
|---|---|---|
| 2022 | – | +4.4% |
| 2023 | +25.3% | -85.4% |
| 2024 | +384.6% | +64.4% |
| 2025 | -77.0% | -89.2% |
| 2026 | -6.0% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTEK and NVNI good diversifiers for each other?
Reasonably. At 0.47, MTEK and NVNI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MTEK and NVNI?
As of 2026-08-27, the correlation of weekly returns between MTEK and NVNI is 0.47 over 3 years, 0.47 over 1 year and 0.41 over 5 years.
Is NVNI a good diversifier for MTEK?
Reasonably. At 0.47, MTEK and NVNI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/mtek-vs-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mtek-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MTEK correlations · NVNI correlations
