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
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 500 | 1.09 | 0.15 |
| Max drawdown (3Y) | -84.6% | -55.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMST | MSN |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/amst-vs-msn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amst-vs-msn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMST correlations · MSN correlations