MSN vs SEAT: Correlation
Measured on weekly returns over the past three years, Emerson Radio Corporation (MSN) and Vivid Seats Inc. (SEAT) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MSN and SEAT?
Across a 3-year window, the weekly returns of MSN and SEAT correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.25 over 3 years. Stretching to 5 years gives -0.10, with an annualized covariance of -882.7 %².
Among the 10 assets we track against MSN, SEAT sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months MSN outperformed by 79.5 percentage points (+15.6% for MSN against -63.9% for SEAT). Note the risk asymmetry: SEAT runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MSN vs SEAT: side by side
| MSN (Emerson Radio Corporation) | SEAT (Vivid Seats Inc.) | |
|---|---|---|
| 1-year return | +15.6% | -63.9% |
| 5-year return | -59.8% | -97.6% |
| Volatility (ann.) | 45.3% | 78.2% |
| Beta vs S&P 500 | 0.15 | 1.59 |
| Max drawdown (3Y) | -55.3% | -96.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MSN | SEAT |
|---|---|---|
| 2022 | -34.6% | -32.9% |
| 2023 | +3.8% | -13.4% |
| 2024 | -23.6% | -26.7% |
| 2025 | -9.5% | -92.2% |
| 2026 | +24.7% | -13.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MSN and SEAT good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MSN and SEAT?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.37 over the last year and -0.10 over 5 years.
Is SEAT a good diversifier for MSN?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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
$ curl https://www.pairbook.io/api/v1/pairs/msn-vs-seat.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/msn-vs-seat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MSN correlations · SEAT correlations
