MSS vs TLSI: Correlation
Maison Solutions Inc. (MSS) and TriSalus Life Sciences, Inc. (TLSI) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MSS and TLSI?
Over the past 3 years, MSS and TLSI moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.24 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2750.9 %².
TLSI is close to the least connected end of MSS's tracked universe, ranking #10 of 13. The last year tells two different stories: TLSI led by 93.0 percentage points, -96.3% for MSS against -3.3% for TLSI.
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.
MSS vs TLSI: side by side
| MSS (Maison Solutions Inc.) | TLSI (TriSalus Life Sciences, Inc.) | |
|---|---|---|
| 1-year return | -96.3% | -3.3% |
| 5-year return | n/a | -49.6% |
| Volatility (ann.) | 128.2% | 89.7% |
| Beta vs S&P 500 | 0.32 | 1.13 |
| Max drawdown (3Y) | -99.8% | -75.4% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MSS | TLSI |
|---|---|---|
| 2022 | – | +1.5% |
| 2023 | – | -15.8% |
| 2024 | -10.9% | -40.7% |
| 2025 | -73.9% | +39.3% |
| 2026 | -90.2% | -29.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MSS and TLSI good diversifiers for each other?
Yes. With a correlation of -0.24, MSS and TLSI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MSS and TLSI?
The MSS/TLSI correlation stands at -0.24 on a 3-year window (1 year: 0.19, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TLSI a good diversifier for MSS?
Yes. With a correlation of -0.24, MSS and TLSI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 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/mss-vs-tlsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mss-vs-tlsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MSS correlations · TLSI correlations
