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MCRB vs MSGM: Correlation

Seres Therapeutics, Inc. (MCRB) and Motorsport Games Inc. (MSGM) show a negative relationship: their 3-year correlation of weekly returns is -0.21.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.11
last 12 months
Correlation (5Y)
-0.05
long-run
Ann. covariance
-3448.6
%² · weekly, annualized

How correlated are MCRB and MSGM?

On 3 years of weekly data the MCRB/MSGM correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. The 5-year figure is -0.05, and annualized covariance runs at -3448.6 %².

MSGM is close to the least connected end of MCRB's tracked universe, ranking #11 of 11. Their recent paths diverged sharply: over the last 12 months MSGM outperformed by 107.8 percentage points (-73.8% for MCRB against +34.0% for MSGM). Risk is not evenly split, since MSGM carries 1.5 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.

MCRB vs MSGM: side by side

MCRB (Seres Therapeutics, Inc.)MSGM (Motorsport Games Inc.)
1-year return-73.8%+34.0%
5-year return-96.0%-96.2%
Volatility (ann.)103.2%159.9%
Beta vs S&P 5001.38-0.11
Max drawdown (3Y)-94.0%-81.5%
Market cap
P/E (trailing)13.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MSGM -81.5% vs -94.0%Higher 5y return: MCRB -96.0% vs -96.2%
-76%0%+65%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MCRB · MSGM

Year-by-year returns

YearMCRBMSGM
2022-32.8%-87.8%
2023-75.0%-25.5%
2024-40.6%-56.6%
2025-10.5%+136.6%
2026-66.7%+23.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MCRB and MSGM good diversifiers for each other?

Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between MCRB and MSGM?

As of 2026-08-27, the correlation of weekly returns between MCRB and MSGM is -0.21 over 3 years, -0.11 over 1 year and -0.05 over 5 years.

Is MSGM a good diversifier for MCRB?

Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.21 mean?

On the −1 to +1 scale, -0.21 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.

Use this data

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MCRB vs MSGM: 3-year weekly correlation -0.21MCRB vs MSGM-0.21

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Related comparisons

Hubs: MCRB correlations · MSGM correlations