HCTI vs LIDR: Correlation
Measured on weekly returns over the past three years, Healthcare Triangle, Inc. (HCTI) and AEye, Inc. (LIDR) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HCTI and LIDR?
On 3 years of weekly data the HCTI/LIDR correlation comes out at 0.48, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.12 versus 0.48 over 3 years. The 5-year figure is 0.40, and annualized covariance runs at 25259.4 %².
Few assets follow HCTI as closely as LIDR, which ranks #3 of 15 tracked partners. The last year tells two different stories: LIDR led by 39.2 percentage points, -99.5% for HCTI against -60.3% for LIDR.
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.
HCTI vs LIDR: side by side
| HCTI (Healthcare Triangle, Inc.) | LIDR (AEye, Inc.) | |
|---|---|---|
| 1-year return | -99.5% | -60.3% |
| 5-year return | -100.0% | -99.6% |
| Volatility (ann.) | 249.0% | 211.5% |
| Beta vs S&P 500 | 0.19 | 2.26 |
| Max drawdown (3Y) | -100.0% | -93.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HCTI | LIDR |
|---|---|---|
| 2022 | -90.1% | -90.1% |
| 2023 | +52.5% | -84.1% |
| 2024 | -64.1% | -44.5% |
| 2025 | -99.7% | +44.9% |
| 2026 | -97.8% | -34.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HCTI and LIDR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HCTI and LIDR?
The HCTI/LIDR correlation stands at 0.48 on a 3-year window (1 year: 0.12, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is LIDR a good diversifier for HCTI?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/hcti-vs-lidr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hcti-vs-lidr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HCTI correlations · LIDR correlations
