Masco Correlations

MAS Stock

USD 64.75 0.68 1.06%

The current 90-days correlation between Masco and Builders FirstSource is 0.66 (i.e., Poor diversification). The correlation of Masco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Masco Correlation With Market

Very weak diversification

The correlation between Masco and DJI is 0.55 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Masco and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Masco Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Masco Stock please use our How to Invest in Masco guide.

Moving together with Masco Stock

0.82	OC	Owens Corning	Pair Corr
0.69	GWA	GWA Group	Pair Corr
0.67	002918	Monalisa Group	Pair Corr
0.88	AOS	Smith AO	Pair Corr
0.8	AWI	Armstrong World Indu	Pair Corr
0.68	GFF	Griffon	Pair Corr
0.74	LII	Lennox International	Pair Corr
0.73	WXM	WF International	Pair Corr
0.7	JCTC	Jewett Cameron Trading	Pair Corr
0.81	JELD	Jeld Wen Holding	Pair Corr

Moving against Masco Stock

0.66	JCI	Johnson Controls Int	Pair Corr
0.64	002791	Guangdong Kinlong	Pair Corr
0.39	MPP	Metro Performance Glass	Pair Corr
0.72	603828	Suzhou Kelida Bldg	Pair Corr
0.63	000619	Wuhu Conch Profiles	Pair Corr
0.54	300093	Gansu Golden Glass	Pair Corr
0.47	NXR	Norcros Plc	Pair Corr
0.47	002162	Everjoy Health Group	Pair Corr
0.37	WMS	Advanced Drainage Systems	Pair Corr
0.37	EMB	Embelton	Pair Corr
0.76	MSAIW	Infrared Cameras Holdings	Pair Corr
0.75	301010	Jiangsu Jingxue Insu	Pair Corr
0.71	002247	Zhejiang Dilong New	Pair Corr
0.7	002372	Zhejiang Weixing New	Pair Corr

Related Correlations Analysis

	BLDR	CSL	OC	MLI	CNH	WMS	AVY	WCC	BLD	LTM
BLDR		0.43	0.7	-0.72	0.62	-0.46	-0.52	-0.75	0.0	-0.55	BLDR
CSL	0.43		0.69	0.08	0.5	-0.14	0.3	-0.31	0.04	0.16	CSL
OC	0.7	0.69		-0.34	0.81	-0.55	-0.26	-0.66	-0.28	-0.32	OC
MLI	-0.72	0.08	-0.34		-0.52	0.63	0.82	0.83	0.32	0.8	MLI
CNH	0.62	0.5	0.81	-0.52		-0.68	-0.31	-0.7	-0.35	-0.63	CNH
WMS	-0.46	-0.14	-0.55	0.63	-0.68		0.52	0.68	0.48	0.64	WMS
AVY	-0.52	0.3	-0.26	0.82	-0.31	0.52		0.61	0.39	0.67	AVY
WCC	-0.75	-0.31	-0.66	0.83	-0.7	0.68	0.61		0.32	0.56	WCC
BLD	0.0	0.04	-0.28	0.32	-0.35	0.48	0.39	0.32		0.22	BLD
LTM	-0.55	0.16	-0.32	0.8	-0.63	0.64	0.67	0.56	0.22		LTM
	BLDR	CSL	OC	MLI	CNH	WMS	AVY	WCC	BLD	LTM

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

WCC	+ 0.83	MLI
AVY	+ 0.82	MLI
CNH	+ 0.81	OC
LTM	+ 0.8	MLI
OC	+ 0.7	BLDR
OC	+ 0.69	CSL

High negative correlations

WCC	- 0.75	BLDR
MLI	- 0.72	BLDR
WCC	- 0.7	CNH
WMS	- 0.68	CNH
WCC	- 0.66	OC
LTM	- 0.63	CNH

Risk-Adjusted Indicators

There is a big difference between Masco Stock performing well and Masco Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Masco's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BLDR	1.93	(0.31)	0.00	(0.10)	0.00	0.00	4.53	(3.40)	11.92
CSL	1.12	(0.07)	0.00	(0.09)	0.00	0.00	2.04	(2.72)	6.10
OC	1.45	(0.38)	0.00	(0.51)	0.00	0.00	2.49	(2.84)	12.01
MLI	0.99	0.18	0.14	0.25	0.97	(1.15)	2.01	(1.81)	6.26
CNH	1.41	(0.23)	0.00	12.77	0.00	0.00	2.65	(3.29)	8.50
WMS	1.40	0.03	0.00	0.14	1.62	(1.52)	3.25	(2.71)	11.59
AVY	1.12	0.18	0.13	0.46	0.84	(1.36)	2.57	(1.68)	12.00
WCC	1.86	0.18	0.09	0.17	2.22	(1.92)	3.54	(3.47)	16.49
BLD	1.61	0.05	0.04	0.10	1.63	(1.78)	4.15	(3.15)	13.76
LTM	1.59	0.26	0.08	(1.43)	1.87	(1.75)	3.26	(3.47)	8.49

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC