FSEA vs MSI: Correlation
How closely do First Seacoast Bancorp, Inc. (FSEA) and Motorola Solutions (MSI) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSEA and MSI?
Across a 3-year window, the weekly returns of FSEA and MSI correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.27). Stretching to 5 years gives -0.14, with an annualized covariance of -194.5 %².
Within FSEA's tracked universe of 47 assets, MSI comes in at #29 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FSEA ahead by 43.0 points (+48.9% versus +5.9%). Note the risk asymmetry: FSEA runs 1.5 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.
FSEA vs MSI: side by side
| FSEA (First Seacoast Bancorp, Inc.) | MSI (Motorola Solutions) | |
|---|---|---|
| 1-year return | +48.9% | +5.9% |
| 5-year return | +44.2% | +111.1% |
| Volatility (ann.) | 33.2% | 22.1% |
| Beta vs S&P 500 | 0.19 | 0.61 |
| Max drawdown (3Y) | -21.5% | -27.0% |
| Market cap | $0.1B | $80.5B |
| P/E (trailing) | – | 38.5 |
| Dividend yield | 0.00% | 0.97% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | FSEA | MSI |
|---|---|---|
| 2022 | -10.5% | -3.8% |
| 2023 | -32.7% | +23.0% |
| 2024 | +30.6% | +49.1% |
| 2025 | +31.5% | -16.2% |
| 2026 | +29.7% | +27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSEA and MSI good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between FSEA and MSI?
The FSEA/MSI correlation stands at -0.27 on a 3-year window (1 year: -0.40, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is MSI a good diversifier for FSEA?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 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/fsea-vs-msi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fsea-vs-msi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FSEA correlations · MSI correlations
