ASST vs LIVE: Correlation
How closely do Strive, Inc. (ASST) and Live Ventures Incorporated (LIVE) 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
How correlated are ASST and LIVE?
On 3 years of weekly data the ASST/LIVE correlation comes out at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.02 versus 0.44 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 30025.5 %².
Within ASST's tracked universe of 58 assets, LIVE comes in at #7 by 3-year correlation. The last year tells two different stories: LIVE led by 27.3 percentage points, -80.4% for ASST against -53.1% for LIVE. Note the risk asymmetry: ASST runs 7.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ASST vs LIVE: side by side
| ASST (Strive, Inc.) | LIVE (Live Ventures Incorporated) | |
|---|---|---|
| 1-year return | -80.4% | -53.1% |
| 5-year return | n/a | -76.0% |
| Volatility (ann.) | 723.1% | 94.6% |
| Beta vs S&P 500 | -1.01 | 0.30 |
| Max drawdown (3Y) | -97.2% | -76.8% |
| Market cap | $2.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | LIVE |
|---|---|---|
| 2022 | – | -0.7% |
| 2023 | – | -18.8% |
| 2024 | -84.6% | -63.3% |
| 2025 | +50.3% | +58.6% |
| 2026 | +56.6% | -37.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and LIVE 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 ASST and LIVE?
As of 2026-08-27, the correlation of weekly returns between ASST and LIVE is 0.44 over 3 years, 0.02 over 1 year and n/a over 5 years.
Is LIVE a good diversifier for ASST?
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?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-live.json
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Related comparisons
Hubs: ASST correlations · LIVE correlations
