EPSN vs LCFY: Correlation
Measured on weekly returns over the past three years, Epsilon Energy Ltd. (EPSN) and Locafy Limited (LCFY) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPSN and LCFY?
Across a 3-year window, the weekly returns of EPSN and LCFY correlate at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.23 over 3 years. Stretching to 5 years gives -0.17, with an annualized covariance of -1231.6 %².
LCFY is close to the least connected end of EPSN's tracked universe, ranking #10 of 13. The last year tells two different stories: EPSN led by 51.5 percentage points, +4.6% for EPSN against -46.9% for LCFY. One caveat on sizing: LCFY is 5.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EPSN vs LCFY: side by side
| EPSN (Epsilon Energy Ltd.) | LCFY (Locafy Limited) | |
|---|---|---|
| 1-year return | +4.6% | -46.9% |
| 5-year return | +42.0% | -96.6% |
| Volatility (ann.) | 31.1% | 170.8% |
| Beta vs S&P 500 | 0.12 | 2.20 |
| Max drawdown (3Y) | -48.1% | -77.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 4.28% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPSN | LCFY |
|---|---|---|
| 2022 | +21.4% | – |
| 2023 | -19.5% | +53.8% |
| 2024 | +28.2% | -24.3% |
| 2025 | -22.1% | -59.2% |
| 2026 | +30.2% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPSN and LCFY good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EPSN and LCFY?
The EPSN/LCFY correlation stands at -0.23 on a 3-year window (1 year: -0.04, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is LCFY a good diversifier for EPSN?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 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/epsn-vs-lcfy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/epsn-vs-lcfy/)
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Related comparisons
Hubs: EPSN correlations · LCFY correlations
