GYRO vs LTBR: Correlation
How closely do Gyrodyne , LLC (GYRO) and Lightbridge Corporation (LTBR) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GYRO and LTBR?
On 3 years of weekly data the GYRO/LTBR correlation comes out at 0.49, moderate. The past 12 months show a weaker link (0.23) than the 3-year average (0.49). The 5-year figure is 0.38, and annualized covariance runs at 2180.0 %².
Few assets follow GYRO as closely as LTBR, which ranks #1 of 11 tracked partners. Neither side won the trailing year by much: -51.4% against -47.6%. One caveat on sizing: LTBR is 2.8 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.
GYRO vs LTBR: side by side
| GYRO (Gyrodyne , LLC) | LTBR (Lightbridge Corporation) | |
|---|---|---|
| 1-year return | -51.4% | -47.6% |
| 5-year return | -60.8% | +32.0% |
| Volatility (ann.) | 40.0% | 111.3% |
| Beta vs S&P 500 | 0.20 | 2.17 |
| Max drawdown (3Y) | -54.2% | -74.0% |
| Market cap | – | $0.3B |
| P/E (trailing) | 43.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GYRO | LTBR |
|---|---|---|
| 2022 | -29.6% | -41.3% |
| 2023 | +23.5% | -17.5% |
| 2024 | -9.8% | +47.4% |
| 2025 | +2.4% | +167.2% |
| 2026 | -43.8% | -35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GYRO and LTBR good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GYRO and LTBR?
As of 2026-08-27, the correlation of weekly returns between GYRO and LTBR is 0.49 over 3 years, 0.23 over 1 year and 0.38 over 5 years.
Is LTBR a good diversifier for GYRO?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 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/gyro-vs-ltbr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gyro-vs-ltbr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GYRO correlations · LTBR correlations
