INTS vs MSGS: Correlation
Intensity Therapeutics, Inc. (INTS) and Madison Square Garden Sports Corp. (MSGS) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTS and MSGS?
Across a 3-year window, the weekly returns of INTS and MSGS correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.35) than the 3-year average (-0.22). Stretching to 5 years gives n/a, with an annualized covariance of -869.9 %².
By 3-year correlation, MSGS places #12 of the 28 assets tracked against INTS. Their recent paths diverged sharply: over the last 12 months MSGS outperformed by 144.0 percentage points (-43.4% for INTS against +100.6% for MSGS). Note the risk asymmetry: INTS runs 7.5 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.
INTS vs MSGS: side by side
| INTS (Intensity Therapeutics, Inc.) | MSGS (Madison Square Garden Sports Corp.) | |
|---|---|---|
| 1-year return | -43.4% | +100.6% |
| 5-year return | n/a | +131.3% |
| Volatility (ann.) | 173.1% | 23.2% |
| Beta vs S&P 500 | 0.52 | 0.62 |
| Max drawdown (3Y) | -98.5% | -25.5% |
| Market cap | – | $9.5B |
| P/E (trailing) | – | 1230.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INTS | MSGS |
|---|---|---|
| 2022 | – | +10.5% |
| 2023 | – | -0.8% |
| 2024 | -79.5% | +24.1% |
| 2025 | -76.7% | +14.6% |
| 2026 | -58.3% | +52.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTS and MSGS good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between INTS and MSGS?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.35 over the last year and n/a over 5 years.
Is MSGS a good diversifier for INTS?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ints-vs-msgs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ints-vs-msgs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INTS correlations · MSGS correlations
