IDR vs LNG: Correlation
Idaho Strategic Resources, Inc. (IDR) and Cheniere Energy, Inc. (LNG) 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 IDR and LNG?
Over the past 3 years, IDR and LNG moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.27). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -554.7 %².
Out of 18 assets tracked against IDR, LNG lands near the bottom at #18. On 12-month performance IDR holds a 8.9-point edge, +26.3% against +17.4%. Risk is not evenly split, since IDR carries 2.6 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.
IDR vs LNG: side by side
| IDR (Idaho Strategic Resources, Inc.) | LNG (Cheniere Energy, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +17.4% |
| 5-year return | +702.8% | +231.8% |
| Volatility (ann.) | 73.6% | 28.3% |
| Beta vs S&P 500 | 0.68 | 0.13 |
| Max drawdown (3Y) | -50.0% | -24.9% |
| Market cap | $0.5B | $58.0B |
| P/E (trailing) | 22.6 | 21.5 |
| Dividend yield | 0.00% | 0.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDR | LNG |
|---|---|---|
| 2022 | -23.4% | +49.3% |
| 2023 | +11.1% | +15.0% |
| 2024 | +61.0% | +27.2% |
| 2025 | +295.5% | -8.7% |
| 2026 | -16.1% | +45.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDR and LNG good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between IDR and LNG?
As of 2026-08-27, the correlation of weekly returns between IDR and LNG is -0.27 over 3 years, -0.47 over 1 year and -0.16 over 5 years.
Is LNG a good diversifier for IDR?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
A reading of -0.27 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/idr-vs-lng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/idr-vs-lng/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IDR correlations · LNG correlations
