FMST vs LIF: Correlation
How closely do Foremost Clean Energy Ltd. (FMST) and Life360, Inc. (LIF) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FMST and LIF?
On 3 years of weekly data the FMST/LIF correlation comes out at 0.39, moderate. The link has loosened recently: the 1-year correlation (0.28) runs below the 3-year figure (0.39). The 5-year figure is n/a, and annualized covariance runs at 3077.2 %².
Among the 12 assets we track against FMST, LIF ranks #5 by 3-year correlation. On 12-month performance LIF holds a 11.1-point edge, -62.5% against -51.4%. Note the risk asymmetry: FMST runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FMST vs LIF: side by side
| FMST (Foremost Clean Energy Ltd.) | LIF (Life360, Inc.) | |
|---|---|---|
| 1-year return | -62.5% | -51.4% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 118.7% | 63.6% |
| Beta vs S&P 500 | 2.68 | 2.18 |
| Max drawdown (3Y) | -86.7% | -65.6% |
| Market cap | – | $3.6B |
| P/E (trailing) | – | 25.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FMST | LIF |
|---|---|---|
| 2024 | -44.8% | – |
| 2025 | +53.6% | +55.4% |
| 2026 | -44.8% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FMST and LIF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FMST and LIF?
As of 2026-08-27, the correlation of weekly returns between FMST and LIF is 0.39 over 3 years, 0.28 over 1 year and n/a over 5 years.
Is LIF a good diversifier for FMST?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/fmst-vs-lif.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fmst-vs-lif/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FMST correlations · LIF correlations
