BYFC vs LTH: Correlation
Broadway Financial Corporation (BYFC) and Life Time Group Holdings, Inc. (LTH) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BYFC and LTH?
Over the past 3 years, BYFC and LTH moved with a correlation of 0.34, which is moderate. The past 12 months show a tighter link (0.47) than the 3-year average (0.34). Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 620.0 %².
By 3-year correlation, LTH places #4 of the 12 assets tracked against BYFC. Their 12-month results are close: +54.8% for BYFC against +58.7% for LTH.
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.
BYFC vs LTH: side by side
| BYFC (Broadway Financial Corporation) | LTH (Life Time Group Holdings, Inc.) | |
|---|---|---|
| 1-year return | +54.8% | +58.7% |
| 5-year return | -59.2% | +149.9% |
| Volatility (ann.) | 47.2% | 38.2% |
| Beta vs S&P 500 | 0.86 | 1.07 |
| Max drawdown (3Y) | -43.5% | -34.5% |
| Market cap | $0.1B | $9.9B |
| P/E (trailing) | – | 24.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BYFC | LTH |
|---|---|---|
| 2022 | -56.3% | -30.5% |
| 2023 | -16.0% | +26.1% |
| 2024 | +0.9% | +46.7% |
| 2025 | +8.0% | +20.2% |
| 2026 | +62.8% | +66.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BYFC and LTH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BYFC and LTH?
The BYFC/LTH correlation stands at 0.34 on a 3-year window (1 year: 0.47, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is LTH a good diversifier for BYFC?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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/byfc-vs-lth.json
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Related comparisons
Hubs: BYFC correlations · LTH correlations