MAMO vs MMS: Correlation
How closely do Massimo Group (MAMO) and Maximus, Inc. (MMS) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAMO and MMS?
Over the past 3 years, MAMO and MMS moved with a correlation of 0.40, which is moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1105.8 %².
MMS is one of the assets that tracks MAMO most closely: it ranks #1 out of the 23 assets we track against MAMO. Their recent paths diverged sharply: over the last 12 months MMS outperformed by 35.4 percentage points (-66.1% for MAMO against -30.7% for MMS). Risk is not evenly split, since MAMO carries 2.9 times the volatility of the other side.
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.
MAMO vs MMS: side by side
| MAMO (Massimo Group) | MMS (Maximus, Inc.) | |
|---|---|---|
| 1-year return | -66.1% | -30.7% |
| 5-year return | n/a | -25.0% |
| Volatility (ann.) | 87.3% | 30.4% |
| Beta vs S&P 500 | 0.53 | 0.50 |
| Max drawdown (3Y) | -83.6% | -45.1% |
| Market cap | – | $3.1B |
| P/E (trailing) | 10.0 | 8.7 |
| Dividend yield | 0.00% | 2.14% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAMO | MMS |
|---|---|---|
| 2022 | – | -6.4% |
| 2023 | – | +16.0% |
| 2024 | – | -9.7% |
| 2025 | +54.9% | +17.5% |
| 2026 | -74.9% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAMO and MMS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MAMO and MMS?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.49 over the last year and n/a over 5 years.
Is MMS a good diversifier for MAMO?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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.
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Related comparisons
Hubs: MAMO correlations · MMS correlations