CELC vs LOBO: Correlation
Celcuity Inc. (CELC) and LOBO TECHNOLOGIES LTD. - Class A (LOBO) 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 CELC and LOBO?
On 3 years of weekly data the CELC/LOBO correlation comes out at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.41). The 5-year figure is n/a, and annualized covariance runs at 6263.5 %².
By 3-year correlation, LOBO places #5 of the 38 assets tracked against CELC. Correlation aside, the last 12 months split them widely, with CELC ahead by 58.9 points (+86.6% versus +27.7%).
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.
CELC vs LOBO: side by side
| CELC (Celcuity Inc.) | LOBO (LOBO TECHNOLOGIES LTD. - Class A) | |
|---|---|---|
| 1-year return | +86.6% | +27.7% |
| 5-year return | +324.8% | n/a |
| Volatility (ann.) | 124.5% | 111.5% |
| Beta vs S&P 500 | 0.76 | 0.55 |
| Max drawdown (3Y) | -62.0% | -92.0% |
| Market cap | $4.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELC | LOBO |
|---|---|---|
| 2022 | +6.2% | – |
| 2023 | +4.0% | – |
| 2024 | -10.2% | – |
| 2025 | +662.0% | -66.0% |
| 2026 | -6.5% | +5.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and LOBO 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 CELC and LOBO?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.09 over the last year and n/a over 5 years.
Is LOBO a good diversifier for CELC?
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/celc-vs-lobo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/celc-vs-lobo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CELC correlations · LOBO correlations
