ACCO vs LNSR: Correlation
Measured on weekly returns over the past three years, Acco Brands Corporation (ACCO) and LENSAR, Inc. (LNSR) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACCO and LNSR?
Across a 3-year window, the weekly returns of ACCO and LNSR correlate at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Stretching to 5 years gives 0.19, with an annualized covariance of 1020.4 %².
Out of 22 assets tracked against ACCO, LNSR lands near the bottom at #18. Their recent paths diverged sharply: over the last 12 months ACCO outperformed by 48.4 percentage points (+17.8% for ACCO against -30.6% for LNSR). Risk is not evenly split, since LNSR carries 1.7 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.
ACCO vs LNSR: side by side
| ACCO (Acco Brands Corporation) | LNSR (LENSAR, Inc.) | |
|---|---|---|
| 1-year return | +17.8% | -30.6% |
| 5-year return | -36.8% | +5.0% |
| Volatility (ann.) | 40.3% | 70.5% |
| Beta vs S&P 500 | 1.19 | 1.09 |
| Max drawdown (3Y) | -50.0% | -70.3% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | 6.8 | 42.3 |
| Dividend yield | 7.16% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACCO | LNSR |
|---|---|---|
| 2022 | -29.2% | -50.6% |
| 2023 | +15.3% | +18.6% |
| 2024 | -8.7% | +154.7% |
| 2025 | -23.1% | +30.1% |
| 2026 | +22.5% | -27.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACCO and LNSR good diversifiers for each other?
Reasonably. At 0.36, ACCO and LNSR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACCO and LNSR?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.41 over the last year and 0.19 over 5 years.
Is LNSR a good diversifier for ACCO?
Reasonably. At 0.36, ACCO and LNSR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/acco-vs-lnsr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acco-vs-lnsr/)
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Related comparisons
Hubs: ACCO correlations · LNSR correlations
