ADSE vs LUCK: Correlation
Measured on weekly returns over the past three years, ADS-TEC ENERGY PLC (ADSE) and Lucky Strike Entertainment Corporation (LUCK) carry a correlation of 0.28, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSE and LUCK?
Across a 3-year window, the weekly returns of ADSE and LUCK correlate at 0.28, weak. Recent behaviour matches the longer record: 0.30 over 1 year against 0.28 over 3. Stretching to 5 years gives 0.08, with an annualized covariance of 712.9 %².
Few assets follow ADSE as closely as LUCK, which ranks #2 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with ADSE ahead by 31.6 points (-8.1% versus -39.7%).
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.
ADSE vs LUCK: side by side
| ADSE (ADS-TEC ENERGY PLC) | LUCK (Lucky Strike Entertainment Corporation) | |
|---|---|---|
| 1-year return | -8.1% | -39.7% |
| 5-year return | +14.5% | -32.9% |
| Volatility (ann.) | 49.2% | 52.2% |
| Beta vs S&P 500 | 0.35 | 1.11 |
| Max drawdown (3Y) | -48.1% | -55.8% |
| Market cap | $0.8B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADSE | LUCK |
|---|---|---|
| 2022 | -65.8% | +49.4% |
| 2023 | +129.2% | +5.0% |
| 2024 | +116.9% | -28.0% |
| 2025 | -18.2% | -13.2% |
| 2026 | -10.9% | -25.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSE and LUCK good diversifiers for each other?
Reasonably. At 0.28, ADSE and LUCK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ADSE and LUCK?
The ADSE/LUCK correlation stands at 0.28 on a 3-year window (1 year: 0.30, 5 years: 0.08), computed from weekly returns as of 2026-08-27.
Is LUCK a good diversifier for ADSE?
Reasonably. At 0.28, ADSE and LUCK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.28 mean?
A reading of 0.28 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/adse-vs-luck.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adse-vs-luck/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADSE correlations · LUCK correlations
