DRIO vs LAC: Correlation
Measured on weekly returns over the past three years, DarioHealth Corp. (DRIO) and Lithium Americas Corp. (LAC) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRIO and LAC?
On 3 years of weekly data the DRIO/LAC correlation comes out at 0.48, moderate. The past 12 months show a tighter link (0.76) than the 3-year average (0.48). The 5-year figure is n/a, and annualized covariance runs at 4815.2 %².
Few assets follow DRIO as closely as LAC, which ranks #3 of 13 tracked partners. The last year tells two different stories: LAC led by 36.0 percentage points, -29.6% for DRIO 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.
DRIO vs LAC: side by side
| DRIO (DarioHealth Corp.) | LAC (Lithium Americas Corp.) | |
|---|---|---|
| 1-year return | -29.6% | +6.4% |
| 5-year return | -97.3% | n/a |
| Volatility (ann.) | 106.1% | 93.5% |
| Beta vs S&P 500 | 0.92 | 1.37 |
| Max drawdown (3Y) | -91.2% | -81.8% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRIO | LAC |
|---|---|---|
| 2022 | -67.0% | – |
| 2023 | -59.8% | – |
| 2024 | -54.3% | -53.6% |
| 2025 | -27.6% | +46.8% |
| 2026 | -40.5% | -27.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRIO and LAC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DRIO and LAC?
As of 2026-08-27, the correlation of weekly returns between DRIO and LAC is 0.48 over 3 years, 0.76 over 1 year and n/a over 5 years.
Is LAC a good diversifier for DRIO?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/drio-vs-lac.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drio-vs-lac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRIO correlations · LAC correlations
