FLWS vs LAB: Correlation
How closely do 1-800-FLOWERS.COM, Inc. (FLWS) and Standard BioTools Inc. (LAB) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLWS and LAB?
On 3 years of weekly data the FLWS/LAB correlation comes out at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. The 5-year figure is 0.39, and annualized covariance runs at 1773.0 %².
By 3-year correlation, LAB places #8 of the 13 assets tracked against FLWS. Their recent paths diverged sharply: over the last 12 months FLWS outperformed by 15.8 percentage points (-33.2% for FLWS against -49.0% for LAB).
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.
FLWS vs LAB: side by side
| FLWS (1-800-FLOWERS.COM, Inc.) | LAB (Standard BioTools Inc.) | |
|---|---|---|
| 1-year return | -33.2% | -49.0% |
| 5-year return | -88.4% | -90.9% |
| Volatility (ann.) | 57.7% | 69.2% |
| Beta vs S&P 500 | 1.81 | 1.55 |
| Max drawdown (3Y) | -73.4% | -78.7% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLWS | LAB |
|---|---|---|
| 2022 | -59.1% | -70.2% |
| 2023 | +12.8% | +88.9% |
| 2024 | -24.2% | -20.8% |
| 2025 | -51.9% | -26.9% |
| 2026 | -4.8% | -49.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLWS and LAB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FLWS and LAB?
As of 2026-08-27, the correlation of weekly returns between FLWS and LAB is 0.44 over 3 years, 0.52 over 1 year and 0.39 over 5 years.
Is LAB a good diversifier for FLWS?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/flws-vs-lab.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/flws-vs-lab/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FLWS correlations · LAB correlations
