ALB vs SLI: Correlation
Albemarle Corporation (ALB) and Standard Lithium Ltd. (SLI) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALB and SLI?
Across a 3-year window, the weekly returns of ALB and SLI correlate at 0.45, moderate. The link has tightened recently: the 1-year correlation (0.57) runs above the 3-year figure (0.45). Stretching to 5 years gives 0.49, with an annualized covariance of 1869.4 %².
Among the 36 assets we track against ALB, SLI ranks #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ALB outperformed by 67.7 percentage points (+56.9% for ALB against -10.8% for SLI).
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.
ALB vs SLI: side by side
| ALB (Albemarle Corporation) | SLI (Standard Lithium Ltd.) | |
|---|---|---|
| 1-year return | +56.9% | -10.8% |
| 5-year return | -39.2% | -51.8% |
| Volatility (ann.) | 54.3% | 77.0% |
| Beta vs S&P 500 | 1.62 | 1.21 |
| Max drawdown (3Y) | -74.1% | -69.9% |
| Market cap | $16.0B | $0.7B |
| P/E (trailing) | 502.9 | – |
| Dividend yield | 1.20% | 0.00% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | ALB | SLI |
|---|---|---|
| 2022 | -6.6% | -69.9% |
| 2023 | -32.8% | -31.5% |
| 2024 | -39.5% | -27.7% |
| 2025 | +67.7% | +206.2% |
| 2026 | -3.5% | -40.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALB and SLI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ALB and SLI?
As of 2026-08-27, the correlation of weekly returns between ALB and SLI is 0.45 over 3 years, 0.57 over 1 year and 0.49 over 5 years.
Is SLI a good diversifier for ALB?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/alb-vs-sli.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/alb-vs-sli/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALB correlations · SLI correlations
