ATLX vs LAC: Correlation
Atlas Lithium Corporation (ATLX) and Lithium Americas Corp. (LAC) 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
How correlated are ATLX and LAC?
Across a 3-year window, the weekly returns of ATLX and LAC correlate at 0.46, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.60 versus 0.46 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 3396.1 %².
LAC is one of the assets that tracks ATLX most closely: it ranks #3 out of the 13 assets we track against ATLX. The last year tells two different stories: LAC led by 43.8 percentage points, -37.4% for ATLX against +6.4% for LAC.
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.
ATLX vs LAC: side by side
| ATLX (Atlas Lithium Corporation) | LAC (Lithium Americas Corp.) | |
|---|---|---|
| 1-year return | -37.4% | +6.4% |
| 5-year return | -55.9% | n/a |
| Volatility (ann.) | 79.3% | 93.5% |
| Beta vs S&P 500 | 1.64 | 1.37 |
| Max drawdown (3Y) | -92.3% | -81.8% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATLX | LAC |
|---|---|---|
| 2022 | +16.7% | – |
| 2023 | +346.9% | – |
| 2024 | -79.8% | -53.6% |
| 2025 | -33.2% | +46.8% |
| 2026 | -21.9% | -27.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATLX and LAC good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATLX and LAC?
As of 2026-08-27, the correlation of weekly returns between ATLX and LAC is 0.46 over 3 years, 0.60 over 1 year and n/a over 5 years.
Is LAC a good diversifier for ATLX?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 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/atlx-vs-lac.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atlx-vs-lac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ATLX correlations · LAC correlations
