FLYE vs LFST: Correlation
How closely do Fly-E Group, Inc. (FLYE) and LifeStance Health Group, Inc. (LFST) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLYE and LFST?
On 3 years of weekly data the FLYE/LFST correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.09) runs above the 3-year figure (-0.23). The 5-year figure is n/a, and annualized covariance runs at -1561.8 %².
Among the 44 assets we track against FLYE, LFST ranks #31 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LFST ahead by 213.0 points (-89.0% versus +124.0%). Risk is not evenly split, since FLYE carries 3.1 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.
FLYE vs LFST: side by side
| FLYE (Fly-E Group, Inc.) | LFST (LifeStance Health Group, Inc.) | |
|---|---|---|
| 1-year return | -89.0% | +124.0% |
| 5-year return | n/a | -15.6% |
| Volatility (ann.) | 153.0% | 49.0% |
| Beta vs S&P 500 | 1.73 | 0.73 |
| Max drawdown (3Y) | -99.8% | -56.5% |
| Market cap | – | $4.7B |
| P/E (trailing) | – | 94.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLYE | LFST |
|---|---|---|
| 2022 | – | -48.1% |
| 2023 | – | +58.5% |
| 2024 | – | -5.9% |
| 2025 | -92.1% | -4.5% |
| 2026 | -74.4% | +74.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLYE and LFST good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between FLYE and LFST?
As of 2026-08-27, the correlation of weekly returns between FLYE and LFST is -0.23 over 3 years, -0.09 over 1 year and n/a over 5 years.
Is LFST a good diversifier for FLYE?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
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.
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Related comparisons
Hubs: FLYE correlations · LFST correlations
