LNN vs MAS: Correlation
How closely do Lindsay Corporation (LNN) and Masco (MAS) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNN and MAS?
Over the past 3 years, LNN and MAS moved with a correlation of 0.49, which is moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 392.2 %².
By 3-year correlation, MAS places #4 of the 10 assets tracked against LNN. The last year tells two different stories: MAS led by 17.1 percentage points, -17.6% for LNN against -0.5% for MAS.
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.
LNN vs MAS: side by side
| LNN (Lindsay Corporation) | MAS (Masco) | |
|---|---|---|
| 1-year return | -17.6% | -0.5% |
| 5-year return | -27.8% | +29.1% |
| Volatility (ann.) | 26.8% | 29.6% |
| Beta vs S&P 500 | 0.46 | 0.95 |
| Max drawdown (3Y) | -30.0% | -30.9% |
| Market cap | $1.2B | $14.4B |
| P/E (trailing) | 21.9 | 17.0 |
| Dividend yield | 1.30% | 1.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | LNN | MAS |
|---|---|---|
| 2022 | +8.1% | -32.1% |
| 2023 | -19.8% | +46.6% |
| 2024 | -7.3% | +10.0% |
| 2025 | +0.8% | -10.9% |
| 2026 | -2.1% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNN and MAS good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LNN and MAS?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.52 over the last year and 0.39 over 5 years.
Is MAS a good diversifier for LNN?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/lnn-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lnn-vs-mas/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LNN correlations · MAS correlations
