DLPN vs LTBR: Correlation
Measured on weekly returns over the past three years, Dolphin Entertainment, Inc. (DLPN) and Lightbridge Corporation (LTBR) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLPN and LTBR?
Across a 3-year window, the weekly returns of DLPN and LTBR correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.26, with an annualized covariance of 2335.0 %².
By 3-year correlation, LTBR places #5 of the 12 assets tracked against DLPN. Correlation aside, the last 12 months split them widely, with DLPN ahead by 47.6 points (+0.0% versus -47.6%). Risk is not evenly split, since LTBR carries 2.1 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.
DLPN vs LTBR: side by side
| DLPN (Dolphin Entertainment, Inc.) | LTBR (Lightbridge Corporation) | |
|---|---|---|
| 1-year return | +0.0% | -47.6% |
| 5-year return | -95.5% | +32.0% |
| Volatility (ann.) | 54.2% | 111.3% |
| Beta vs S&P 500 | 1.10 | 2.17 |
| Max drawdown (3Y) | -78.8% | -74.0% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DLPN | LTBR |
|---|---|---|
| 2022 | -78.8% | -41.3% |
| 2023 | -5.5% | -17.5% |
| 2024 | -68.7% | +47.4% |
| 2025 | +45.8% | +167.2% |
| 2026 | -24.4% | -35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLPN and LTBR good diversifiers for each other?
Reasonably. At 0.39, DLPN and LTBR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DLPN and LTBR?
The DLPN/LTBR correlation stands at 0.39 on a 3-year window (1 year: 0.38, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is LTBR a good diversifier for DLPN?
Reasonably. At 0.39, DLPN and LTBR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/dlpn-vs-ltbr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dlpn-vs-ltbr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DLPN correlations · LTBR correlations
