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AMST vs MSN: Correlation

Amesite Inc. (AMST) and Emerson Radio Corporation (MSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.34
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
1912.6
%² · weekly, annualized

How correlated are AMST and MSN?

On 3 years of weekly data the AMST/MSN correlation comes out at 0.34, moderate. The link has tightened recently: the 1-year correlation (0.49) runs above the 3-year figure (0.34). The 5-year figure is 0.27, and annualized covariance runs at 1912.6 %².

By 3-year correlation, MSN places #10 of the 15 assets tracked against AMST. The last year tells two different stories: MSN led by 75.4 percentage points, -59.8% for AMST against +15.6% for MSN. Note the risk asymmetry: AMST runs 2.8 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.

AMST vs MSN: side by side

AMST (Amesite Inc.)MSN (Emerson Radio Corporation)
1-year return-59.8%+15.6%
5-year return-95.5%-59.8%
Volatility (ann.)125.5%45.3%
Beta vs S&P 5001.090.15
Max drawdown (3Y)-84.6%-55.3%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MSN -55.3% vs -84.6%Higher 5y return: MSN -59.8% vs -95.5%
-70%0%+32%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AMST · MSN

Year-by-year returns

YearAMSTMSN
2022-83.0%-34.6%
2023+7.1%+3.8%
2024+111.1%-23.6%
2025-60.2%-9.5%
2026-42.3%+24.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AMST and MSN good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between AMST and MSN?

The AMST/MSN correlation stands at 0.34 on a 3-year window (1 year: 0.49, 5 years: 0.27), computed from weekly returns as of 2026-08-27.

Is MSN a good diversifier for AMST?

Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.34 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/amst-vs-msn.json

AMST vs MSN: 3-year weekly correlation 0.34AMST vs MSN0.34

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Related comparisons

Hubs: AMST correlations · MSN correlations