ISBA vs LCFY: Correlation
How closely do Isabella Bank Corporation (ISBA) and Locafy Limited (LCFY) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISBA and LCFY?
Over the past 3 years, ISBA and LCFY moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.07) runs above the 3-year figure (-0.22). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -1278.7 %².
Among the 16 assets we track against ISBA, LCFY ranks #10 by 3-year correlation. The last year tells two different stories: ISBA led by 63.3 percentage points, +16.4% for ISBA against -46.9% for LCFY. Note the risk asymmetry: LCFY runs 5.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ISBA vs LCFY: side by side
| ISBA (Isabella Bank Corporation) | LCFY (Locafy Limited) | |
|---|---|---|
| 1-year return | +16.4% | -46.9% |
| 5-year return | +104.9% | -96.6% |
| Volatility (ann.) | 33.3% | 170.8% |
| Beta vs S&P 500 | 0.05 | 2.20 |
| Max drawdown (3Y) | -34.1% | -77.4% |
| Market cap | $0.3B | – |
| P/E (trailing) | 14.2 | – |
| Dividend yield | 2.91% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ISBA | LCFY |
|---|---|---|
| 2022 | -3.5% | – |
| 2023 | -3.5% | +53.8% |
| 2024 | +27.7% | -24.3% |
| 2025 | +99.1% | -59.2% |
| 2026 | -21.9% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISBA and LCFY good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between ISBA and LCFY?
The ISBA/LCFY correlation stands at -0.22 on a 3-year window (1 year: -0.07, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is LCFY a good diversifier for ISBA?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/isba-vs-lcfy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/isba-vs-lcfy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ISBA correlations · LCFY correlations
