MAMO vs SLAB: Correlation
How closely do Massimo Group (MAMO) and Silicon Laboratories, Inc. (SLAB) trade together? Their weekly returns over three years give a correlation of -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAMO and SLAB?
Across a 3-year window, the weekly returns of MAMO and SLAB correlate at -0.30, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.64 versus -0.30 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -1272.1 %².
Out of 23 assets tracked against MAMO, SLAB lands near the bottom at #22. Their recent paths diverged sharply: over the last 12 months SLAB outperformed by 122.9 percentage points (-66.1% for MAMO against +56.8% for SLAB). Note the risk asymmetry: MAMO runs 1.8 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.
MAMO vs SLAB: side by side
| MAMO (Massimo Group) | SLAB (Silicon Laboratories, Inc.) | |
|---|---|---|
| 1-year return | -66.1% | +56.8% |
| 5-year return | n/a | +36.7% |
| Volatility (ann.) | 87.3% | 48.6% |
| Beta vs S&P 500 | 0.53 | 1.40 |
| Max drawdown (3Y) | -83.6% | -45.7% |
| Market cap | – | $7.3B |
| P/E (trailing) | 10.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAMO | SLAB |
|---|---|---|
| 2022 | – | -34.3% |
| 2023 | – | -2.5% |
| 2024 | – | -6.1% |
| 2025 | +54.9% | +5.2% |
| 2026 | -74.9% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAMO and SLAB good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MAMO and SLAB?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.64 over the last year and n/a over 5 years.
Is SLAB a good diversifier for MAMO?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 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/mamo-vs-slab.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mamo-vs-slab/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MAMO correlations · SLAB correlations
