LAC vs LAR: Correlation
Lithium Americas Corp. (LAC) and Lithium Argentina AG (LAR) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAC and LAR?
On 3 years of weekly data the LAC/LAR correlation comes out at 0.57, moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 3579.0 %².
In LAC's tracked universe of 21 assets, LAR sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months LAR outperformed by 107.5 percentage points (+6.4% for LAC against +113.9% for LAR).
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.
LAC vs LAR: side by side
| LAC (Lithium Americas Corp.) | LAR (Lithium Argentina AG) | |
|---|---|---|
| 1-year return | +6.4% | +113.9% |
| 5-year return | n/a | -12.4% |
| Volatility (ann.) | 93.5% | 67.6% |
| Beta vs S&P 500 | 1.37 | 1.61 |
| Max drawdown (3Y) | -81.8% | -79.6% |
| Market cap | $1.2B | $1.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAC | LAR |
|---|---|---|
| 2022 | – | -34.9% |
| 2023 | – | -17.2% |
| 2024 | -53.6% | -58.5% |
| 2025 | +46.8% | +113.0% |
| 2026 | -27.3% | +23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAC and LAR good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LAC and LAR?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.53 over the last year and n/a over 5 years.
Is LAR a good diversifier for LAC?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 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/lac-vs-lar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lac-vs-lar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LAC correlations · LAR correlations
