EIX vs MYSE: Correlation
Edison International (EIX) and Myseum.AI, Inc. (MYSE) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EIX and MYSE?
Across a 3-year window, the weekly returns of EIX and MYSE correlate at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.23 over 3. Stretching to 5 years gives -0.11, with an annualized covariance of -1033.7 %².
By 3-year correlation, MYSE places #20 of the 30 assets tracked against EIX. On 12-month performance EIX holds a 8.4-point edge, +40.4% against +32.0%. Note the risk asymmetry: MYSE runs 6.6 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.
EIX vs MYSE: side by side
| EIX (Edison International) | MYSE (Myseum.AI, Inc.) | |
|---|---|---|
| 1-year return | +40.4% | +32.0% |
| 5-year return | +62.2% | -96.4% |
| Volatility (ann.) | 26.0% | 170.4% |
| Beta vs S&P 500 | 0.24 | 1.47 |
| Max drawdown (3Y) | -43.9% | -85.1% |
| Market cap | $28.4B | – |
| P/E (trailing) | 7.7 | – |
| Dividend yield | 4.64% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EIX | MYSE |
|---|---|---|
| 2022 | -2.6% | -91.8% |
| 2023 | +17.4% | +16.2% |
| 2024 | +15.2% | -38.0% |
| 2025 | -20.4% | -3.9% |
| 2026 | +27.6% | +56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EIX and MYSE good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EIX and MYSE?
As of 2026-08-27, the correlation of weekly returns between EIX and MYSE is -0.23 over 3 years, -0.27 over 1 year and -0.11 over 5 years.
Is MYSE a good diversifier for EIX?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/eix-vs-myse.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eix-vs-myse/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EIX correlations · MYSE correlations
