RMSG vs SENEA: Correlation
How closely do Real Messenger Corporation (RMSG) and Seneca Foods Corp. (SENEA) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMSG and SENEA?
Over the past 3 years, RMSG and SENEA moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.43) than the 3-year average (-0.28). Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -3056.3 %².
Out of 13 assets tracked against RMSG, SENEA lands near the bottom at #11. The last year tells two different stories: SENEA led by 162.3 percentage points, -89.0% for RMSG against +73.3% for SENEA. Risk is not evenly split, since RMSG carries 9.9 times the volatility of the other side.
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.
RMSG vs SENEA: side by side
| RMSG (Real Messenger Corporation) | SENEA (Seneca Foods Corp.) | |
|---|---|---|
| 1-year return | -89.0% | +73.3% |
| 5-year return | -96.3% | +294.2% |
| Volatility (ann.) | 329.1% | 33.3% |
| Beta vs S&P 500 | 4.85 | 0.07 |
| Max drawdown (3Y) | -99.1% | -22.8% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | 11.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMSG | SENEA |
|---|---|---|
| 2022 | +5.1% | +27.1% |
| 2023 | +9.6% | -14.0% |
| 2024 | -77.7% | +51.1% |
| 2025 | -47.1% | +39.6% |
| 2026 | -73.2% | +73.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMSG and SENEA good diversifiers for each other?
Yes. With a correlation of -0.28, RMSG and SENEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RMSG and SENEA?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.43 over the last year and -0.20 over 5 years.
Is SENEA a good diversifier for RMSG?
Yes. With a correlation of -0.28, RMSG and SENEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/rmsg-vs-senea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rmsg-vs-senea/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RMSG correlations · SENEA correlations
