CYN vs LCFY: Correlation
How closely do Cyngn Inc. (CYN) and Locafy Limited (LCFY) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CYN and LCFY?
Across a 3-year window, the weekly returns of CYN and LCFY correlate at 0.62, strong. The past 12 months show a weaker link (0.08) than the 3-year average (0.62). Stretching to 5 years gives 0.52, with an annualized covariance of 24638.7 %².
LCFY is one of the assets that tracks CYN most closely: it ranks #3 out of the 19 assets we track against CYN. Their recent paths diverged sharply: over the last 12 months LCFY outperformed by 34.8 percentage points (-81.7% for CYN against -46.9% for LCFY).
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.
CYN vs LCFY: side by side
| CYN (Cyngn Inc.) | LCFY (Locafy Limited) | |
|---|---|---|
| 1-year return | -81.7% | -46.9% |
| 5-year return | -100.0% | -96.6% |
| Volatility (ann.) | 234.2% | 170.8% |
| Beta vs S&P 500 | 4.31 | 2.20 |
| Max drawdown (3Y) | -100.0% | -77.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CYN | LCFY |
|---|---|---|
| 2022 | -85.0% | – |
| 2023 | -78.5% | +53.8% |
| 2024 | -94.1% | -24.3% |
| 2025 | -98.1% | -59.2% |
| 2026 | -53.8% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CYN and LCFY good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CYN and LCFY?
The CYN/LCFY correlation stands at 0.62 on a 3-year window (1 year: 0.08, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is LCFY a good diversifier for CYN?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/cyn-vs-lcfy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cyn-vs-lcfy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CYN correlations · LCFY correlations
