MSGM vs OST: Correlation
Measured on weekly returns over the past three years, Motorsport Games Inc. (MSGM) and Ostin Technology Group Co., Ltd. - Class A (OST) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MSGM and OST?
Across a 3-year window, the weekly returns of MSGM and OST correlate at 0.35, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.01 versus 0.35 over 3 years. Stretching to 5 years gives 0.16, with an annualized covariance of 6514.0 %².
By 3-year correlation, OST places #8 of the 17 assets tracked against MSGM. The last year tells two different stories: MSGM led by 46.6 percentage points, +34.0% for MSGM against -12.6% for OST.
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.
MSGM vs OST: side by side
| MSGM (Motorsport Games Inc.) | OST (Ostin Technology Group Co., Ltd. - Class A) | |
|---|---|---|
| 1-year return | +34.0% | -12.6% |
| 5-year return | -96.2% | -100.0% |
| Volatility (ann.) | 159.9% | 115.4% |
| Beta vs S&P 500 | -0.11 | 0.39 |
| Max drawdown (3Y) | -81.5% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | 13.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MSGM | OST |
|---|---|---|
| 2022 | -87.8% | – |
| 2023 | -25.5% | -17.4% |
| 2024 | -56.6% | -65.7% |
| 2025 | +136.6% | -97.5% |
| 2026 | +23.0% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MSGM and OST good diversifiers for each other?
Reasonably. At 0.35, MSGM and OST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MSGM and OST?
The MSGM/OST correlation stands at 0.35 on a 3-year window (1 year: -0.01, 5 years: 0.16), computed from weekly returns as of 2026-08-27.
Is OST a good diversifier for MSGM?
Reasonably. At 0.35, MSGM and OST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/msgm-vs-ost.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/msgm-vs-ost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MSGM correlations · OST correlations
