EEIQ vs LTRN: Correlation
How closely do EpicQuest Education Group International Limited (EEIQ) and Lantern Pharma Inc. (LTRN) 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 EEIQ and LTRN?
Over the past 3 years, EEIQ and LTRN moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.28). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -5581.5 %².
LTRN is close to the least connected end of EEIQ's tracked universe, ranking #13 of 16. Correlation aside, the last 12 months split them widely, with LTRN ahead by 21.6 points (-68.3% versus -46.7%). Risk is not evenly split, since EEIQ carries 1.8 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.
EEIQ vs LTRN: side by side
| EEIQ (EpicQuest Education Group International Limited) | LTRN (Lantern Pharma Inc.) | |
|---|---|---|
| 1-year return | -68.3% | -46.7% |
| 5-year return | -95.4% | -84.2% |
| Volatility (ann.) | 193.1% | 104.8% |
| Beta vs S&P 500 | -0.48 | 2.39 |
| Max drawdown (3Y) | -94.3% | -89.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EEIQ | LTRN |
|---|---|---|
| 2022 | -33.0% | -24.3% |
| 2023 | -11.8% | -29.1% |
| 2024 | -46.7% | -25.5% |
| 2025 | -78.7% | -5.0% |
| 2026 | -25.1% | -28.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EEIQ and LTRN 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 EEIQ and LTRN?
The EEIQ/LTRN correlation stands at -0.28 on a 3-year window (1 year: -0.44, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is LTRN a good diversifier for EEIQ?
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?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eeiq-vs-ltrn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eeiq-vs-ltrn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EEIQ correlations · LTRN correlations
