FA vs MYPS: Correlation
How closely do First Advantage Corporation (FA) and PLAYSTUDIOS, Inc. (MYPS) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FA and MYPS?
Over the past 3 years, FA and MYPS moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 1105.7 %².
By 3-year correlation, MYPS places #10 of the 16 assets tracked against FA. The last year tells two different stories: FA led by 77.0 percentage points, +27.0% for FA against -50.0% for MYPS.
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.
FA vs MYPS: side by side
| FA (First Advantage Corporation) | MYPS (PLAYSTUDIOS, Inc.) | |
|---|---|---|
| 1-year return | +27.0% | -50.0% |
| 5-year return | +6.1% | -90.2% |
| Volatility (ann.) | 45.8% | 58.2% |
| Beta vs S&P 500 | 1.18 | 1.24 |
| Max drawdown (3Y) | -55.9% | -88.8% |
| Market cap | $3.6B | $0.1B |
| P/E (trailing) | 139.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FA | MYPS |
|---|---|---|
| 2022 | -31.7% | -1.8% |
| 2023 | +41.5% | -30.2% |
| 2024 | +13.0% | -31.4% |
| 2025 | -22.4% | -64.9% |
| 2026 | +44.0% | -22.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FA and MYPS good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FA and MYPS?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.46 over the last year and 0.30 over 5 years.
Is MYPS a good diversifier for FA?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/fa-vs-myps.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fa-vs-myps/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FA correlations · MYPS correlations
