LAC vs SLI: Correlation
How closely do Lithium Americas Corp. (LAC) and Standard Lithium Ltd. (SLI) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAC and SLI?
On 3 years of weekly data the LAC/SLI correlation comes out at 0.46, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.46). The 5-year figure is n/a, and annualized covariance runs at 3307.3 %².
Among the 21 assets we track against LAC, SLI ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LAC outperformed by 17.2 percentage points (+6.4% for LAC against -10.8% for SLI).
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 SLI: side by side
| LAC (Lithium Americas Corp.) | SLI (Standard Lithium Ltd.) | |
|---|---|---|
| 1-year return | +6.4% | -10.8% |
| 5-year return | n/a | -51.8% |
| Volatility (ann.) | 93.5% | 77.0% |
| Beta vs S&P 500 | 1.37 | 1.21 |
| Max drawdown (3Y) | -81.8% | -69.9% |
| Market cap | $1.2B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAC | SLI |
|---|---|---|
| 2022 | – | -69.9% |
| 2023 | – | -31.5% |
| 2024 | -53.6% | -27.7% |
| 2025 | +46.8% | +206.2% |
| 2026 | -27.3% | -40.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAC and SLI good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LAC and SLI?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.66 over the last year and n/a over 5 years.
Is SLI a good diversifier for LAC?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lac-vs-sli.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lac-vs-sli/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LAC correlations · SLI correlations
