MI vs MSN: Correlation
Measured on weekly returns over the past three years, NFT Limited Class A (MI) and Emerson Radio Corporation (MSN) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MI and MSN?
On 3 years of weekly data the MI/MSN correlation comes out at 0.32, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.32 over 3. The 5-year figure is 0.27, and annualized covariance runs at 64314.9 %².
Among the 32 assets we track against MI, MSN ranks #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MSN outperformed by 25.9 percentage points (-10.3% for MI against +15.6% for MSN). Risk is not evenly split, since MI carries 98.1 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.
MI vs MSN: side by side
| MI (NFT Limited Class A) | MSN (Emerson Radio Corporation) | |
|---|---|---|
| 1-year return | -10.3% | +15.6% |
| 5-year return | -99.5% | -59.8% |
| Volatility (ann.) | 4443.9% | 45.3% |
| Beta vs S&P 500 | 8.21 | 0.15 |
| Max drawdown (3Y) | -98.5% | -55.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MI | MSN |
|---|---|---|
| 2022 | -86.4% | -34.6% |
| 2023 | -66.2% | +3.8% |
| 2024 | -61.9% | -23.6% |
| 2025 | +13.3% | -9.5% |
| 2026 | -28.9% | +24.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MI and MSN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MI and MSN?
The MI/MSN correlation stands at 0.32 on a 3-year window (1 year: 0.39, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is MSN a good diversifier for MI?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 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/mi-vs-msn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mi-vs-msn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MI correlations · MSN correlations
