ABEO vs LIF: Correlation
How closely do Abeona Therapeutics Inc. (ABEO) and Life360, Inc. (LIF) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABEO and LIF?
Across a 3-year window, the weekly returns of ABEO and LIF correlate at 0.45, moderate. The link has loosened recently: the 1-year correlation (0.34) runs below the 3-year figure (0.45). Stretching to 5 years gives n/a, with an annualized covariance of 1557.7 %².
LIF is one of the assets that tracks ABEO most closely: it ranks #2 out of the 10 assets we track against ABEO. Correlation aside, the last 12 months split them widely, with ABEO ahead by 38.9 points (-12.5% versus -51.4%).
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.
ABEO vs LIF: side by side
| ABEO (Abeona Therapeutics Inc.) | LIF (Life360, Inc.) | |
|---|---|---|
| 1-year return | -12.5% | -51.4% |
| 5-year return | -81.1% | n/a |
| Volatility (ann.) | 70.8% | 63.6% |
| Beta vs S&P 500 | 1.33 | 2.18 |
| Max drawdown (3Y) | -63.5% | -65.6% |
| Market cap | $0.3B | $3.6B |
| P/E (trailing) | – | 25.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABEO | LIF |
|---|---|---|
| 2022 | -63.8% | – |
| 2023 | +62.7% | – |
| 2024 | +11.2% | – |
| 2025 | -5.4% | +55.4% |
| 2026 | +14.6% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABEO and LIF good diversifiers for each other?
Reasonably. At 0.45, ABEO and LIF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ABEO and LIF?
As of 2026-08-27, the correlation of weekly returns between ABEO and LIF is 0.45 over 3 years, 0.34 over 1 year and n/a over 5 years.
Is LIF a good diversifier for ABEO?
Reasonably. At 0.45, ABEO and LIF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 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/abeo-vs-lif.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abeo-vs-lif/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABEO correlations · LIF correlations
