CPHC vs LSF: Correlation
How closely do Canterbury Park Holding Corporation (CPHC) and Laird Superfood, Inc. (LSF) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPHC and LSF?
On 3 years of weekly data the CPHC/LSF correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.14 versus -0.28 over 3 years. The 5-year figure is -0.17, and annualized covariance runs at -1423.4 %².
Among the 13 assets we track against CPHC, LSF sits near the bottom by co-movement, at rank #13. The last year tells two different stories: CPHC led by 29.3 percentage points, -3.3% for CPHC against -32.6% for LSF. Risk is not evenly split, since LSF carries 6.5 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.
CPHC vs LSF: side by side
| CPHC (Canterbury Park Holding Corporation) | LSF (Laird Superfood, Inc.) | |
|---|---|---|
| 1-year return | -3.3% | -32.6% |
| 5-year return | +6.8% | -79.5% |
| Volatility (ann.) | 28.1% | 183.4% |
| Beta vs S&P 500 | 0.10 | 1.17 |
| Max drawdown (3Y) | -48.8% | -79.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | 793.5 | – |
| Dividend yield | 1.76% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPHC | LSF |
|---|---|---|
| 2022 | +83.8% | -93.6% |
| 2023 | -33.8% | +8.3% |
| 2024 | +1.7% | +765.9% |
| 2025 | -23.6% | -71.8% |
| 2026 | +4.0% | +74.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPHC and LSF good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPHC and LSF?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with 0.14 over the last year and -0.17 over 5 years.
Is LSF a good diversifier for CPHC?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cphc-vs-lsf.json
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[](https://www.pairbook.io/pair/cphc-vs-lsf/)
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Related comparisons
Hubs: CPHC correlations · LSF correlations
