KSCP vs LTBR: Correlation
Measured on weekly returns over the past three years, Knightscope, Inc. (KSCP) and Lightbridge Corporation (LTBR) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KSCP and LTBR?
Over the past 3 years, KSCP and LTBR moved with a correlation of 0.34, which is moderate. Recent behaviour matches the longer record: 0.27 over 1 year against 0.34 over 3. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 4305.5 %².
Within KSCP's tracked universe of 11 assets, LTBR comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LTBR ahead by 29.5 points (-77.1% versus -47.6%).
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.
KSCP vs LTBR: side by side
| KSCP (Knightscope, Inc.) | LTBR (Lightbridge Corporation) | |
|---|---|---|
| 1-year return | -77.1% | -47.6% |
| 5-year return | -99.5% | +32.0% |
| Volatility (ann.) | 112.6% | 111.3% |
| Beta vs S&P 500 | 1.20 | 2.17 |
| Max drawdown (3Y) | -97.6% | -74.0% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KSCP | LTBR |
|---|---|---|
| 2022 | – | -41.3% |
| 2023 | -68.3% | -17.5% |
| 2024 | -57.9% | +47.4% |
| 2025 | -70.6% | +167.2% |
| 2026 | -62.0% | -35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KSCP and LTBR good diversifiers for each other?
Reasonably. At 0.34, KSCP and LTBR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KSCP and LTBR?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.27 over the last year and 0.22 over 5 years.
Is LTBR a good diversifier for KSCP?
Reasonably. At 0.34, KSCP and LTBR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kscp-vs-ltbr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kscp-vs-ltbr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KSCP correlations · LTBR correlations
