MAAS vs MSGM: Correlation
Measured on weekly returns over the past three years, Maase Inc. - Class A (MAAS) and Motorsport Games Inc. (MSGM) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAAS and MSGM?
On 3 years of weekly data the MAAS/MSGM correlation comes out at 0.36, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.36 over 3 years. The 5-year figure is 0.16, and annualized covariance runs at 7292.9 %².
Among the 13 assets we track against MAAS, MSGM ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MAAS outperformed by 274.4 percentage points (+308.4% for MAAS 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.
MAAS vs MSGM: side by side
| MAAS (Maase Inc. - Class A) | MSGM (Motorsport Games Inc.) | |
|---|---|---|
| 1-year return | +308.4% | +34.0% |
| 5-year return | -94.5% | -96.2% |
| Volatility (ann.) | 126.1% | 159.9% |
| Beta vs S&P 500 | 1.00 | -0.11 |
| Max drawdown (3Y) | -99.6% | -81.5% |
| Market cap | $7.3B | – |
| P/E (trailing) | – | 13.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAAS | MSGM |
|---|---|---|
| 2022 | +14.9% | -87.8% |
| 2023 | -19.2% | -25.5% |
| 2024 | -94.6% | -56.6% |
| 2025 | -73.1% | +136.6% |
| 2026 | +206.3% | +23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAAS and MSGM good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MAAS and MSGM?
As of 2026-08-27, the correlation of weekly returns between MAAS and MSGM is 0.36 over 3 years, 0.22 over 1 year and 0.16 over 5 years.
Is MSGM a good diversifier for MAAS?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
A reading of 0.36 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/maas-vs-msgm.json
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[](https://www.pairbook.io/pair/maas-vs-msgm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MAAS correlations · MSGM correlations
