FEAM vs LAR: Correlation
How closely do 5E Advanced Materials, Inc. (FEAM) and Lithium Argentina AG (LAR) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEAM and LAR?
Over the past 3 years, FEAM and LAR moved with a correlation of 0.36, which is moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.36 over 3. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 2440.4 %².
Among the 10 assets we track against FEAM, LAR ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LAR ahead by 164.2 points (-50.3% versus +113.9%).
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.
FEAM vs LAR: side by side
| FEAM (5E Advanced Materials, Inc.) | LAR (Lithium Argentina AG) | |
|---|---|---|
| 1-year return | -50.3% | +113.9% |
| 5-year return | -99.8% | -12.4% |
| Volatility (ann.) | 100.5% | 67.6% |
| Beta vs S&P 500 | 1.66 | 1.61 |
| Max drawdown (3Y) | -98.6% | -79.6% |
| Market cap | $0.1B | $1.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEAM | LAR |
|---|---|---|
| 2022 | – | -34.9% |
| 2023 | -82.1% | -17.2% |
| 2024 | -54.6% | -58.5% |
| 2025 | -79.3% | +113.0% |
| 2026 | -44.3% | +23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEAM and LAR good diversifiers for each other?
Reasonably. At 0.36, FEAM and LAR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FEAM and LAR?
The FEAM/LAR correlation stands at 0.36 on a 3-year window (1 year: 0.40, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is LAR a good diversifier for FEAM?
Reasonably. At 0.36, FEAM and LAR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/feam-vs-lar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/feam-vs-lar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FEAM correlations · LAR correlations
