FLYE vs LARK: Correlation
How closely do Fly-E Group, Inc. (FLYE) and Landmark Bancorp Inc. (LARK) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLYE and LARK?
Across a 3-year window, the weekly returns of FLYE and LARK correlate at -0.26, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.11) runs above the 3-year figure (-0.26). Stretching to 5 years gives n/a, with an annualized covariance of -1046.6 %².
Among the 44 assets we track against FLYE, LARK ranks #36 by 3-year correlation. The last year tells two different stories: LARK led by 117.2 percentage points, -89.0% for FLYE against +28.2% for LARK. One caveat on sizing: FLYE is 5.9 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.
FLYE vs LARK: side by side
| FLYE (Fly-E Group, Inc.) | LARK (Landmark Bancorp Inc.) | |
|---|---|---|
| 1-year return | -89.0% | +28.2% |
| 5-year return | n/a | +66.0% |
| Volatility (ann.) | 153.0% | 26.0% |
| Beta vs S&P 500 | 1.73 | 0.35 |
| Max drawdown (3Y) | -99.8% | -20.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 9.8 |
| Dividend yield | 0.00% | 2.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLYE | LARK |
|---|---|---|
| 2022 | – | -18.5% |
| 2023 | – | -4.2% |
| 2024 | – | +32.6% |
| 2025 | -92.1% | +18.2% |
| 2026 | -74.4% | +23.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLYE and LARK good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between FLYE and LARK?
As of 2026-08-27, the correlation of weekly returns between FLYE and LARK is -0.26 over 3 years, -0.11 over 1 year and n/a over 5 years.
Is LARK a good diversifier for FLYE?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/flye-vs-lark.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/flye-vs-lark/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FLYE correlations · LARK correlations
