BRFH vs LCFY: Correlation
How closely do Barfresh Food Group Inc. (BRFH) and Locafy Limited (LCFY) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRFH and LCFY?
On 3 years of weekly data the BRFH/LCFY correlation comes out at 0.32, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.32). The 5-year figure is 0.27, and annualized covariance runs at 5566.3 %².
By 3-year correlation, LCFY places #4 of the 12 assets tracked against BRFH. The trailing year gives LCFY the advantage: -60.6% versus -46.9%, a 13.7-point spread. Risk is not evenly split, since LCFY carries 1.7 times the volatility of the other side.
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.
BRFH vs LCFY: side by side
| BRFH (Barfresh Food Group Inc.) | LCFY (Locafy Limited) | |
|---|---|---|
| 1-year return | -60.6% | -46.9% |
| 5-year return | -78.8% | -96.6% |
| Volatility (ann.) | 101.1% | 170.8% |
| Beta vs S&P 500 | 0.79 | 2.20 |
| Max drawdown (3Y) | -72.9% | -77.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRFH | LCFY |
|---|---|---|
| 2022 | -80.2% | – |
| 2023 | +22.3% | +53.8% |
| 2024 | +84.9% | -24.3% |
| 2025 | -0.3% | -59.2% |
| 2026 | -56.7% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRFH and LCFY good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRFH and LCFY?
As of 2026-08-27, the correlation of weekly returns between BRFH and LCFY is 0.32 over 3 years, 0.13 over 1 year and 0.27 over 5 years.
Is LCFY a good diversifier for BRFH?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: BRFH correlations · LCFY correlations
