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BCG vs LPA: Correlation

Binah Capital Group, Inc. (BCG) and Logistic Properties of the Americas (LPA) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.

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

Correlation (3Y)
0.45
moderate
Correlation (1Y)
-0.01
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
28162.4
%² · weekly, annualized

How correlated are BCG and LPA?

Over the past 3 years, BCG and LPA moved with a correlation of 0.45, which is moderate. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.45). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 28162.4 %².

In BCG's tracked universe of 16 assets, LPA sits right near the top at #2. Correlation aside, the last 12 months split them widely, with BCG ahead by 26.3 points (-26.0% versus -52.3%). Note the risk asymmetry: LPA runs 4.7 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.

BCG vs LPA: side by side

BCG (Binah Capital Group, Inc.)LPA (Logistic Properties of the Americas)
1-year return-26.0%-52.3%
5-year returnn/an/a
Volatility (ann.)116.2%540.6%
Beta vs S&P 5000.48-0.73
Max drawdown (3Y)-89.9%-99.1%
Market cap$0.1B
P/E (trailing)14.55.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: LPA 5.7 vs 14.5Smaller drawdown: BCG -89.9% vs -99.1%
-62%0%+56%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BCG · LPA

Are BCG and LPA good diversifiers for each other?

Reasonably. At 0.45, BCG and LPA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BCG and LPA?

The BCG/LPA correlation stands at 0.45 on a 3-year window (1 year: -0.01, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is LPA a good diversifier for BCG?

Reasonably. At 0.45, BCG and LPA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.45 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.

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BCG vs LPA: 3-year weekly correlation 0.45BCG vs LPA0.45

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Hubs: BCG correlations · LPA correlations