HOLO vs LTRX: Correlation
MicroCloud Hologram Inc. (HOLO) and Lantronix, Inc. (LTRX) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOLO and LTRX?
On 3 years of weekly data the HOLO/LTRX correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.40 versus -0.27 over 3 years. The 5-year figure is -0.22, and annualized covariance runs at -12021.2 %².
By 3-year correlation, LTRX places #22 of the 27 assets tracked against HOLO. The last year tells two different stories: LTRX led by 122.1 percentage points, -59.6% for HOLO against +62.5% for LTRX. Risk is not evenly split, since HOLO carries 9.5 times the volatility of the other side.
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.
HOLO vs LTRX: side by side
| HOLO (MicroCloud Hologram Inc.) | LTRX (Lantronix, Inc.) | |
|---|---|---|
| 1-year return | -59.6% | +62.5% |
| 5-year return | -100.0% | +0.0% |
| Volatility (ann.) | 648.5% | 68.2% |
| Beta vs S&P 500 | 3.02 | 1.12 |
| Max drawdown (3Y) | -100.0% | -71.7% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HOLO | LTRX |
|---|---|---|
| 2022 | -77.2% | -44.8% |
| 2023 | -84.4% | +35.6% |
| 2024 | -93.1% | -29.7% |
| 2025 | -98.7% | +42.2% |
| 2026 | -28.4% | +2.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOLO and LTRX good diversifiers for each other?
Yes. With a correlation of -0.27, HOLO and LTRX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HOLO and LTRX?
The HOLO/LTRX correlation stands at -0.27 on a 3-year window (1 year: 0.40, 5 years: -0.22), computed from weekly returns as of 2026-08-27.
Is LTRX a good diversifier for HOLO?
Yes. With a correlation of -0.27, HOLO and LTRX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 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/holo-vs-ltrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/holo-vs-ltrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HOLO correlations · LTRX correlations
