MSS vs VLY: Correlation
How closely do Maison Solutions Inc. (MSS) and Valley National Bancorp (VLY) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MSS and VLY?
Across a 3-year window, the weekly returns of MSS and VLY correlate at -0.17, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.33 versus -0.17 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -718.9 %².
Out of 13 assets tracked against MSS, VLY lands near the bottom at #9. The last year tells two different stories: VLY led by 134.2 percentage points, -96.3% for MSS against +37.9% for VLY. Note the risk asymmetry: MSS runs 3.9 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.
MSS vs VLY: side by side
| MSS (Maison Solutions Inc.) | VLY (Valley National Bancorp) | |
|---|---|---|
| 1-year return | -96.3% | +37.9% |
| 5-year return | n/a | +32.9% |
| Volatility (ann.) | 128.2% | 32.8% |
| Beta vs S&P 500 | 0.32 | 0.93 |
| Max drawdown (3Y) | -99.8% | -39.5% |
| Market cap | – | $7.7B |
| P/E (trailing) | – | 11.9 |
| Dividend yield | 0.00% | 3.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MSS | VLY |
|---|---|---|
| 2022 | – | -14.6% |
| 2023 | – | +0.7% |
| 2024 | -10.9% | -11.9% |
| 2025 | -73.9% | +34.8% |
| 2026 | -90.2% | +21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MSS and VLY good diversifiers for each other?
Yes. With a correlation of -0.17, MSS and VLY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MSS and VLY?
As of 2026-08-27, the correlation of weekly returns between MSS and VLY is -0.17 over 3 years, 0.33 over 1 year and n/a over 5 years.
Is VLY a good diversifier for MSS?
Yes. With a correlation of -0.17, MSS and VLY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 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/mss-vs-vly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mss-vs-vly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MSS correlations · VLY correlations
