MSA vs TAYD: Correlation
MSA Safety Incorporated (MSA) and Taylor Devices, Inc. (TAYD) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MSA and TAYD?
Across a 3-year window, the weekly returns of MSA and TAYD correlate at 0.32, moderate. The past 12 months show a weaker link (0.15) than the 3-year average (0.32). Stretching to 5 years gives 0.30, with an annualized covariance of 412.2 %².
TAYD is close to the least connected end of MSA's tracked universe, ranking #9 of 12. The last year tells two different stories: TAYD led by 15.2 percentage points, +11.4% for MSA against +26.6% for TAYD. Risk is not evenly split, since TAYD carries 2.4 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.
MSA vs TAYD: side by side
| MSA (MSA Safety Incorporated) | TAYD (Taylor Devices, Inc.) | |
|---|---|---|
| 1-year return | +11.4% | +26.6% |
| 5-year return | +27.9% | +405.0% |
| Volatility (ann.) | 23.4% | 55.2% |
| Beta vs S&P 500 | 0.85 | 0.59 |
| Max drawdown (3Y) | -34.3% | -52.7% |
| Market cap | $7.4B | $0.2B |
| P/E (trailing) | 23.7 | 23.2 |
| Dividend yield | 1.12% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MSA | TAYD |
|---|---|---|
| 2022 | -3.1% | +29.9% |
| 2023 | +18.5% | +56.0% |
| 2024 | -0.7% | +88.1% |
| 2025 | -2.1% | +40.5% |
| 2026 | +20.7% | +4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MSA and TAYD good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MSA and TAYD?
The MSA/TAYD correlation stands at 0.32 on a 3-year window (1 year: 0.15, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is TAYD a good diversifier for MSA?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
A reading of 0.32 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/msa-vs-tayd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/msa-vs-tayd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MSA correlations · TAYD correlations
