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MSI vs TBLA: Correlation

Measured on weekly returns over the past three years, Motorola Solutions (MSI) and Taboola.com Ltd. (TBLA) carry a correlation of -0.22, a negative link.

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

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.54
last 12 months
Correlation (5Y)
0.03
long-run
Ann. covariance
-228.3
%² · weekly, annualized

How correlated are MSI and TBLA?

On 3 years of weekly data the MSI/TBLA correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.54 versus -0.22 over 3 years. The 5-year figure is 0.03, and annualized covariance runs at -228.3 %².

Among the 32 assets we track against MSI, TBLA ranks #25 by 3-year correlation. Over the last 12 months TBLA came out ahead by 5.6 percentage points (+5.9% against +11.5%). One caveat on sizing: TBLA is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

MSI vs TBLA: side by side

MSI (Motorola Solutions)TBLA (Taboola.com Ltd.)
1-year return+5.9%+11.5%
5-year return+111.1%-57.5%
Volatility (ann.)22.1%47.2%
Beta vs S&P 5000.611.17
Max drawdown (3Y)-27.0%-47.8%
Market cap$80.5B$1.0B
P/E (trailing)38.59.7
Dividend yield0.97%0.00%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: TBLA 9.7 vs 38.5Higher yield: MSI 0.97% vs 0.00%Smaller drawdown: MSI -27.0% vs -47.8%Higher 5y return: MSI +111.1% vs -57.5%
-24%0%+64%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MSI · TBLA

Year-by-year returns

YearMSITBLA
2022-3.8%-60.4%
2023+23.0%+40.6%
2024+49.1%-15.7%
2025-16.2%+26.3%
2026+27.6%-18.2%

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

Are MSI and TBLA good diversifiers for each other?

Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between MSI and TBLA?

Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.54 over the last year and 0.03 over 5 years.

Is TBLA a good diversifier for MSI?

Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.22 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

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MSI vs TBLA: 3-year weekly correlation -0.22MSI vs TBLA-0.22

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Related comparisons

Hubs: MSI correlations · TBLA correlations