KGEI vs LDI: Correlation
Kolibri Global Energy Inc. (KGEI) and loanDepot, Inc. (LDI) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KGEI and LDI?
Across a 3-year window, the weekly returns of KGEI and LDI correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.24). Stretching to 5 years gives -0.00, with an annualized covariance of -1053.0 %².
By 3-year correlation, LDI places #17 of the 27 assets tracked against KGEI. The last year tells two different stories: KGEI led by 59.3 percentage points, +5.6% for KGEI against -53.7% for LDI. One caveat on sizing: LDI is 1.7 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.
KGEI vs LDI: side by side
| KGEI (Kolibri Global Energy Inc.) | LDI (loanDepot, Inc.) | |
|---|---|---|
| 1-year return | +5.6% | -53.7% |
| 5-year return | +631.2% | -87.7% |
| Volatility (ann.) | 51.1% | 85.9% |
| Beta vs S&P 500 | 0.13 | 1.47 |
| Max drawdown (3Y) | -64.7% | -81.3% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | 10.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KGEI | LDI |
|---|---|---|
| 2022 | +391.7% | -64.9% |
| 2023 | +27.1% | +113.3% |
| 2024 | +41.9% | -42.0% |
| 2025 | -26.1% | +1.5% |
| 2026 | +48.9% | -53.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KGEI and LDI good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between KGEI and LDI?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.37 over the last year and -0.00 over 5 years.
Is LDI a good diversifier for KGEI?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/kgei-vs-ldi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kgei-vs-ldi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KGEI correlations · LDI correlations
