BEEM vs LITS: Correlation
Beam Global (BEEM) and Lite Strategy, Inc. (LITS) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEEM and LITS?
On 3 years of weekly data the BEEM/LITS correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.34 over 1 year against 0.41 over 3. The 5-year figure is 0.30, and annualized covariance runs at 2930.5 %².
Within BEEM's tracked universe of 11 assets, LITS comes in at #6 by 3-year correlation. The last year tells two different stories: BEEM led by 36.3 percentage points, -44.3% for BEEM against -80.6% for LITS.
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.
BEEM vs LITS: side by side
| BEEM (Beam Global) | LITS (Lite Strategy, Inc.) | |
|---|---|---|
| 1-year return | -44.3% | -80.6% |
| 5-year return | -94.6% | -97.7% |
| Volatility (ann.) | 76.4% | 93.2% |
| Beta vs S&P 500 | 1.25 | 0.44 |
| Max drawdown (3Y) | -88.9% | -89.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEEM | LITS |
|---|---|---|
| 2022 | -6.1% | -91.0% |
| 2023 | -59.4% | +55.6% |
| 2024 | -55.3% | -57.6% |
| 2025 | -52.7% | -46.3% |
| 2026 | +4.0% | -24.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEEM and LITS good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BEEM and LITS?
The BEEM/LITS correlation stands at 0.41 on a 3-year window (1 year: 0.34, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is LITS a good diversifier for BEEM?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 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/beem-vs-lits.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/beem-vs-lits/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BEEM correlations · LITS correlations
