MAS vs MBAI: Correlation
How closely do Masco (MAS) and Check-Cap Ltd. (MBAI) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and MBAI?
On 3 years of weekly data the MAS/MBAI correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.34 versus -0.22 over 3 years. The 5-year figure is -0.14, and annualized covariance runs at -3143.5 %².
Among the 61 assets we track against MAS, MBAI ranks #55 by 3-year correlation. The last year tells two different stories: MBAI led by 911.3 percentage points, -0.5% for MAS against +910.8% for MBAI. One caveat on sizing: MBAI is 16.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MAS vs MBAI: side by side
| MAS (Masco) | MBAI (Check-Cap Ltd.) | |
|---|---|---|
| 1-year return | -0.5% | +910.8% |
| 5-year return | +29.1% | -69.3% |
| Volatility (ann.) | 29.6% | 474.4% |
| Beta vs S&P 500 | 0.95 | 1.76 |
| Max drawdown (3Y) | -30.9% | -87.3% |
| Market cap | $14.4B | – |
| P/E (trailing) | 17.0 | 1.4 |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | MBAI |
|---|---|---|
| 2022 | -32.1% | -83.7% |
| 2023 | +46.6% | -5.5% |
| 2024 | +10.0% | -52.4% |
| 2025 | -10.9% | +63.6% |
| 2026 | +16.3% | +305.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and MBAI good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between MAS and MBAI?
The MAS/MBAI correlation stands at -0.22 on a 3-year window (1 year: -0.34, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is MBAI a good diversifier for MAS?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/mas-vs-mbai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mas-vs-mbai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MAS correlations · MBAI correlations
