AD vs LPA: Correlation
Measured on weekly returns over the past three years, Array Digital Infrastructure, Inc. (AD) and Logistic Properties of the Americas (LPA) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AD and LPA?
On 3 years of weekly data the AD/LPA correlation comes out at 0.46, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.10 versus 0.46 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 10170.4 %².
Few assets follow AD as closely as LPA, which ranks #2 of 13 tracked partners. The last year tells two different stories: AD led by 52.0 percentage points, -0.3% for AD against -52.3% for LPA. Risk is not evenly split, since LPA carries 12.8 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.
AD vs LPA: side by side
| AD (Array Digital Infrastructure, Inc.) | LPA (Logistic Properties of the Americas) | |
|---|---|---|
| 1-year return | -0.3% | -52.3% |
| 5-year return | +142.7% | n/a |
| Volatility (ann.) | 42.1% | 540.6% |
| Beta vs S&P 500 | 0.68 | -0.73 |
| Max drawdown (3Y) | -32.0% | -99.1% |
| Market cap | $3.1B | $0.1B |
| P/E (trailing) | 4.6 | 5.7 |
| Dividend yield | 30.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AD | LPA |
|---|---|---|
| 2022 | -33.9% | – |
| 2023 | +99.2% | – |
| 2024 | +51.0% | – |
| 2025 | +22.6% | -74.5% |
| 2026 | +1.0% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AD and LPA good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AD and LPA?
As of 2026-08-27, the correlation of weekly returns between AD and LPA is 0.46 over 3 years, -0.10 over 1 year and n/a over 5 years.
Is LPA a good diversifier for AD?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/ad-vs-lpa.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ad-vs-lpa/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AD correlations · LPA correlations
