GAIA vs LYTS: Correlation
Measured on weekly returns over the past three years, Gaia, Inc. (GAIA) and LSI Industries Inc. (LYTS) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GAIA and LYTS?
Across a 3-year window, the weekly returns of GAIA and LYTS correlate at 0.35, moderate. Recent behaviour matches the longer record: 0.28 over 1 year against 0.35 over 3. Stretching to 5 years gives 0.19, with an annualized covariance of 745.2 %².
Within GAIA's tracked universe of 12 assets, LYTS comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LYTS ahead by 61.6 points (-71.6% versus -10.0%).
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.
GAIA vs LYTS: side by side
| GAIA (Gaia, Inc.) | LYTS (LSI Industries Inc.) | |
|---|---|---|
| 1-year return | -71.6% | -10.0% |
| 5-year return | -83.8% | +167.4% |
| Volatility (ann.) | 55.6% | 38.6% |
| Beta vs S&P 500 | 0.80 | 1.13 |
| Max drawdown (3Y) | -81.3% | -40.6% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 30.1 |
| Dividend yield | 0.00% | 0.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GAIA | LYTS |
|---|---|---|
| 2022 | -72.2% | +82.9% |
| 2023 | +13.4% | +16.8% |
| 2024 | +66.3% | +39.7% |
| 2025 | -19.2% | -4.7% |
| 2026 | -56.2% | +10.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GAIA and LYTS good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GAIA and LYTS?
As of 2026-08-27, the correlation of weekly returns between GAIA and LYTS is 0.35 over 3 years, 0.28 over 1 year and 0.19 over 5 years.
Is LYTS a good diversifier for GAIA?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 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/gaia-vs-lyts.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gaia-vs-lyts/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GAIA correlations · LYTS correlations
