MBC vs PLX: Correlation
Measured on weekly returns over the past three years, MasterBrand, Inc. (MBC) and Protalix BioTherapeutics, Inc. (DE) (PLX) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MBC and PLX?
Across a 3-year window, the weekly returns of MBC and PLX correlate at 0.37, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.37 over 3. Stretching to 5 years gives 0.20, with an annualized covariance of 1047.0 %².
Among the 19 assets we track against MBC, PLX ranks #14 by 3-year correlation. The last year tells two different stories: PLX led by 96.9 percentage points, -33.8% for MBC against +63.1% for PLX.
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.
MBC vs PLX: side by side
| MBC (MasterBrand, Inc.) | PLX (Protalix BioTherapeutics, Inc. (DE)) | |
|---|---|---|
| 1-year return | -33.8% | +63.1% |
| 5-year return | n/a | +66.2% |
| Volatility (ann.) | 43.7% | 65.1% |
| Beta vs S&P 500 | 1.16 | 0.87 |
| Max drawdown (3Y) | -64.7% | -56.0% |
| Market cap | $1.8B | $0.2B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MBC | PLX |
|---|---|---|
| 2022 | – | +65.1% |
| 2023 | +96.7% | +29.9% |
| 2024 | -1.6% | +5.6% |
| 2025 | -24.4% | -4.3% |
| 2026 | -21.6% | +45.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MBC and PLX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MBC and PLX?
As of 2026-08-27, the correlation of weekly returns between MBC and PLX is 0.37 over 3 years, 0.35 over 1 year and 0.20 over 5 years.
Is PLX a good diversifier for MBC?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/mbc-vs-plx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mbc-vs-plx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MBC correlations · PLX correlations
