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ASPI vs LEU: Correlation

ASP Isotopes Inc. (ASPI) and Centrus Energy Corp. (LEU) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.48
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
4053.8
%² · weekly, annualized

How correlated are ASPI and LEU?

Over the past 3 years, ASPI and LEU moved with a correlation of 0.46, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.46 over 3. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 4053.8 %².

Few assets follow ASPI as closely as LEU, which ranks #2 of 11 tracked partners. The last year tells two different stories: LEU led by 58.1 percentage points, -59.9% for ASPI against -1.8% for LEU.

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.

ASPI vs LEU: side by side

ASPI (ASP Isotopes Inc.)LEU (Centrus Energy Corp.)
1-year return-59.9%-1.8%
5-year returnn/a+636.7%
Volatility (ann.)103.1%84.8%
Beta vs S&P 5002.301.67
Max drawdown (3Y)-74.8%-66.4%
Market cap$0.6B$3.9B
P/E (trailing)98.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LEU -66.4% vs -74.8%
-53%0%+86%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ASPI · LEU

Year-by-year returns

YearASPILEU
2022-34.9%
2023+13.3%+67.5%
2024+153.1%+22.4%
2025+18.1%+264.4%
2026-24.5%-19.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ASPI and LEU good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between ASPI and LEU?

Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.48 over the last year and 0.42 over 5 years.

Is LEU a good diversifier for ASPI?

Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.46 mean?

A reading of 0.46 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

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ASPI vs LEU: 3-year weekly correlation 0.46ASPI vs LEU0.46

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Related comparisons

Hubs: ASPI correlations · LEU correlations