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ASPI vs LTBR: Correlation

How closely do ASP Isotopes Inc. (ASPI) and Lightbridge Corporation (LTBR) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.

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

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.38
long-run
Ann. covariance
5079.9
%² · weekly, annualized

How correlated are ASPI and LTBR?

Over the past 3 years, ASPI and LTBR moved with a correlation of 0.44, which is moderate. The past 12 months show a tighter link (0.64) than the 3-year average (0.44). Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 5079.9 %².

Among the 11 assets we track against ASPI, LTBR ranks #5 by 3-year correlation. Over the last 12 months LTBR came out ahead by 12.3 percentage points (-59.9% against -47.6%).

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 LTBR: side by side

ASPI (ASP Isotopes Inc.)LTBR (Lightbridge Corporation)
1-year return-59.9%-47.6%
5-year returnn/a+32.0%
Volatility (ann.)103.1%111.3%
Beta vs S&P 5002.302.17
Max drawdown (3Y)-74.8%-74.0%
Market cap$0.6B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LTBR -74.0% vs -74.8%
-53%0%+88%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ASPI · LTBR

Year-by-year returns

YearASPILTBR
2022-41.3%
2023+13.3%-17.5%
2024+153.1%+47.4%
2025+18.1%+167.2%
2026-24.5%-35.4%

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

Are ASPI and LTBR good diversifiers for each other?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ASPI and LTBR?

As of 2026-08-27, the correlation of weekly returns between ASPI and LTBR is 0.44 over 3 years, 0.64 over 1 year and 0.38 over 5 years.

Is LTBR a good diversifier for ASPI?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.44 mean?

A reading of 0.44 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/aspi-vs-ltbr.json

ASPI vs LTBR: 3-year weekly correlation 0.44ASPI vs LTBR0.44

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Related comparisons

Hubs: ASPI correlations · LTBR correlations