CLPT vs LAC: Correlation
Measured on weekly returns over the past three years, ClearPoint Neuro Inc. (CLPT) and Lithium Americas Corp. (LAC) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLPT and LAC?
Over the past 3 years, CLPT and LAC moved with a correlation of 0.54, which is moderate. The past 12 months show a tighter link (0.78) than the 3-year average (0.54). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 4673.4 %².
Few assets follow CLPT as closely as LAC, which ranks #2 of 19 tracked partners. The last year tells two different stories: CLPT led by 43.4 percentage points, +49.8% for CLPT against +6.4% for LAC.
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.
CLPT vs LAC: side by side
| CLPT (ClearPoint Neuro Inc.) | LAC (Lithium Americas Corp.) | |
|---|---|---|
| 1-year return | +49.8% | +6.4% |
| 5-year return | -12.5% | n/a |
| Volatility (ann.) | 91.6% | 93.5% |
| Beta vs S&P 500 | 1.76 | 1.37 |
| Max drawdown (3Y) | -70.7% | -81.8% |
| Market cap | $0.5B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLPT | LAC |
|---|---|---|
| 2022 | -24.5% | – |
| 2023 | -19.8% | – |
| 2024 | +126.5% | -53.6% |
| 2025 | -11.1% | +46.8% |
| 2026 | +16.5% | -27.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLPT and LAC good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CLPT and LAC?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.78 over the last year and n/a over 5 years.
Is LAC a good diversifier for CLPT?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/clpt-vs-lac.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/clpt-vs-lac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CLPT correlations · LAC correlations
