KSCP vs MSGM: Correlation
How closely do Knightscope, Inc. (KSCP) and Motorsport Games Inc. (MSGM) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KSCP and MSGM?
On 3 years of weekly data the KSCP/MSGM correlation comes out at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus 0.37 over 3 years. The 5-year figure is 0.13, and annualized covariance runs at 6626.4 %².
MSGM is one of the assets that tracks KSCP most closely: it ranks #2 out of the 11 assets we track against KSCP. Their recent paths diverged sharply: over the last 12 months MSGM outperformed by 111.1 percentage points (-77.1% for KSCP against +34.0% for MSGM).
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.
KSCP vs MSGM: side by side
| KSCP (Knightscope, Inc.) | MSGM (Motorsport Games Inc.) | |
|---|---|---|
| 1-year return | -77.1% | +34.0% |
| 5-year return | -99.5% | -96.2% |
| Volatility (ann.) | 112.6% | 159.9% |
| Beta vs S&P 500 | 1.20 | -0.11 |
| Max drawdown (3Y) | -97.6% | -81.5% |
| Market cap | – | – |
| P/E (trailing) | – | 13.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KSCP | MSGM |
|---|---|---|
| 2022 | – | -87.8% |
| 2023 | -68.3% | -25.5% |
| 2024 | -57.9% | -56.6% |
| 2025 | -70.6% | +136.6% |
| 2026 | -62.0% | +23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KSCP and MSGM good diversifiers for each other?
Reasonably. At 0.37, KSCP and MSGM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KSCP and MSGM?
The KSCP/MSGM correlation stands at 0.37 on a 3-year window (1 year: -0.33, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is MSGM a good diversifier for KSCP?
Reasonably. At 0.37, KSCP and MSGM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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/kscp-vs-msgm.json
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[](https://www.pairbook.io/pair/kscp-vs-msgm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KSCP correlations · MSGM correlations
