F vs MOV: Correlation
Ford Motor Company (F) and Movado Group Inc. (MOV) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are F and MOV?
On 3 years of weekly data the F/MOV correlation comes out at 0.51, moderate. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 717.2 %².
Few assets follow F as closely as MOV, which ranks #3 of 35 tracked partners. Their recent paths diverged sharply: over the last 12 months MOV outperformed by 86.6 percentage points (+22.6% for F against +109.2% for MOV).
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.
F vs MOV: side by side
| F (Ford Motor Company) | MOV (Movado Group Inc.) | |
|---|---|---|
| 1-year return | +22.6% | +109.2% |
| 5-year return | +45.8% | +29.6% |
| Volatility (ann.) | 36.1% | 39.1% |
| Beta vs S&P 500 | 1.06 | 1.15 |
| Max drawdown (3Y) | -36.5% | -55.1% |
| Market cap | $55.6B | $0.8B |
| P/E (trailing) | – | 19.4 |
| Dividend yield | 4.32% | 2.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | F | MOV |
|---|---|---|
| 2022 | -42.2% | -19.7% |
| 2023 | +15.8% | +2.0% |
| 2024 | -13.1% | -30.6% |
| 2025 | +42.3% | +13.9% |
| 2026 | +10.0% | +71.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are F and MOV good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between F and MOV?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.60 over the last year and 0.46 over 5 years.
Is MOV a good diversifier for F?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 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/f-vs-mov.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/f-vs-mov/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: F correlations · MOV correlations
