AFCG vs LAW: Correlation
Measured on weekly returns over the past three years, Advanced Flower Capital Inc. (AFCG) and CS Disco, Inc. (LAW) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFCG and LAW?
Over the past 3 years, AFCG and LAW moved with a correlation of 0.40, which is moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 1145.9 %².
Within AFCG's tracked universe of 10 assets, LAW comes in at #5 by 3-year correlation. The trailing year gives LAW the advantage: -26.5% versus -14.4%, a 12.1-point spread.
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.
AFCG vs LAW: side by side
| AFCG (Advanced Flower Capital Inc.) | LAW (CS Disco, Inc.) | |
|---|---|---|
| 1-year return | -26.5% | -14.4% |
| 5-year return | -55.2% | -91.3% |
| Volatility (ann.) | 45.5% | 62.8% |
| Beta vs S&P 500 | 1.01 | 0.96 |
| Max drawdown (3Y) | -76.9% | -71.7% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 18.1 | – |
| Dividend yield | 7.25% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AFCG | LAW |
|---|---|---|
| 2022 | -21.2% | -82.3% |
| 2023 | -10.5% | +20.1% |
| 2024 | +18.7% | -34.3% |
| 2025 | -61.9% | +55.5% |
| 2026 | +25.0% | -43.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFCG and LAW good diversifiers for each other?
Reasonably. At 0.40, AFCG and LAW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AFCG and LAW?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.45 over the last year and 0.30 over 5 years.
Is LAW a good diversifier for AFCG?
Reasonably. At 0.40, AFCG and LAW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/afcg-vs-law.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/afcg-vs-law/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AFCG correlations · LAW correlations
