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AZ vs LOVE: Correlation

A2Z Cust2Mate Solutions Corp. (AZ) and The Lovesac Company (LOVE) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

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

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.45
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
2515.5
%² · weekly, annualized

How correlated are AZ and LOVE?

On 3 years of weekly data the AZ/LOVE correlation comes out at 0.40, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 2515.5 %².

Among the 11 assets we track against AZ, LOVE ranks #4 by 3-year correlation. Over the last 12 months LOVE came out ahead by 10.3 percentage points (-25.5% against -15.2%). One caveat on sizing: AZ is 1.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

AZ vs LOVE: side by side

AZ (A2Z Cust2Mate Solutions Corp.)LOVE (The Lovesac Company)
1-year return-25.5%-15.2%
5-year return-49.4%-71.8%
Volatility (ann.)97.5%64.0%
Beta vs S&P 5001.351.85
Max drawdown (3Y)-85.0%-72.7%
Market cap$0.3B$0.2B
P/E (trailing)64.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LOVE -72.7% vs -85.0%Higher 5y return: AZ -49.4% vs -71.8%
-48%0%+1%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AZ · LOVE

Year-by-year returns

YearAZLOVE
2022-88.3%-66.8%
2023+7.9%+16.1%
2024+93.3%-7.4%
2025-1.7%-37.7%
2026+1.8%+8.9%

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

Are AZ and LOVE good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AZ and LOVE?

The AZ/LOVE correlation stands at 0.40 on a 3-year window (1 year: 0.45, 5 years: 0.28), computed from weekly returns as of 2026-08-27.

Is LOVE a good diversifier for AZ?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 mean?

A reading of 0.40 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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AZ vs LOVE: 3-year weekly correlation 0.40AZ vs LOVE0.40

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Related comparisons

Hubs: AZ correlations · LOVE correlations