MAS vs SEGG: Correlation
Measured on weekly returns over the past three years, Masco (MAS) and Sports Entertainment Gaming Global Corporation (SEGG) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and SEGG?
On 3 years of weekly data the MAS/SEGG correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -2578.2 %².
Within MAS's tracked universe of 61 assets, SEGG comes in at #56 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MAS outperformed by 56.3 percentage points (-0.5% for MAS against -56.8% for SEGG). One caveat on sizing: SEGG is 13.1 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 SEGG: side by side
| MAS (Masco) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | -0.5% | -56.8% |
| 5-year return | +29.1% | n/a |
| Volatility (ann.) | 29.6% | 389.2% |
| Beta vs S&P 500 | 0.95 | 0.24 |
| Max drawdown (3Y) | -30.9% | -98.9% |
| Market cap | $14.4B | – |
| P/E (trailing) | 17.0 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | SEGG |
|---|---|---|
| 2022 | -32.1% | – |
| 2023 | +46.6% | – |
| 2024 | +10.0% | -82.1% |
| 2025 | -10.9% | -84.9% |
| 2026 | +16.3% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and SEGG 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 SEGG?
As of 2026-08-27, the correlation of weekly returns between MAS and SEGG is -0.22 over 3 years, -0.30 over 1 year and n/a over 5 years.
Is SEGG 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-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mas-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MAS correlations · SEGG correlations
