LAC vs POLA: Correlation
Measured on weekly returns over the past three years, Lithium Americas Corp. (LAC) and Polar Power, Inc. (POLA) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAC and POLA?
Over the past 3 years, LAC and POLA moved with a correlation of 0.37, which is moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2664.8 %².
Among the 21 assets we track against LAC, POLA ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LAC ahead by 36.8 points (+6.4% versus -30.4%).
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 POLA: side by side
| LAC (Lithium Americas Corp.) | POLA (Polar Power, Inc.) | |
|---|---|---|
| 1-year return | +6.4% | -30.4% |
| 5-year return | n/a | -97.1% |
| Volatility (ann.) | 93.5% | 77.1% |
| Beta vs S&P 500 | 1.37 | 1.65 |
| Max drawdown (3Y) | -81.8% | -87.6% |
| Market cap | $1.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAC | POLA |
|---|---|---|
| 2022 | – | -64.0% |
| 2023 | – | -68.2% |
| 2024 | -53.6% | +11.5% |
| 2025 | +46.8% | -47.8% |
| 2026 | -27.3% | -13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAC and POLA good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LAC and POLA?
As of 2026-08-27, the correlation of weekly returns between LAC and POLA is 0.37 over 3 years, 0.43 over 1 year and n/a over 5 years.
Is POLA a good diversifier for LAC?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/lac-vs-pola.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lac-vs-pola/)
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Related comparisons
Hubs: LAC correlations · POLA correlations
