GRAL vs LFWD: Correlation
How closely do GRAIL, Inc. (GRAL) and Lifeward Ltd. (LFWD) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRAL and LFWD?
On 3 years of weekly data the GRAL/LFWD correlation comes out at 0.36, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.25 versus 0.36 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 3424.1 %².
Within GRAL's tracked universe of 15 assets, LFWD comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GRAL outperformed by 146.9 percentage points (+145.3% for GRAL against -1.6% for LFWD).
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.
GRAL vs LFWD: side by side
| GRAL (GRAIL, Inc.) | LFWD (Lifeward Ltd.) | |
|---|---|---|
| 1-year return | +145.3% | -1.6% |
| 5-year return | n/a | -93.8% |
| Volatility (ann.) | 103.8% | 91.5% |
| Beta vs S&P 500 | 2.60 | 1.20 |
| Max drawdown (3Y) | -62.9% | -95.6% |
| Market cap | $3.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRAL | LFWD |
|---|---|---|
| 2022 | – | -38.2% |
| 2023 | – | +2.4% |
| 2024 | – | -68.2% |
| 2025 | +379.5% | -66.6% |
| 2026 | -3.6% | +6.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRAL and LFWD good diversifiers for each other?
Reasonably. At 0.36, GRAL and LFWD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GRAL and LFWD?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.25 over the last year and n/a over 5 years.
Is LFWD a good diversifier for GRAL?
Reasonably. At 0.36, GRAL and LFWD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/gral-vs-lfwd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gral-vs-lfwd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GRAL correlations · LFWD correlations
