LAMR vs MKTW: Correlation
How closely do Lamar Advertising Company (LAMR) and MarketWise, Inc. (MKTW) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAMR and MKTW?
Across a 3-year window, the weekly returns of LAMR and MKTW correlate at 0.34, moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.34). Stretching to 5 years gives 0.36, with an annualized covariance of 538.3 %².
Among the 14 assets we track against LAMR, MKTW sits near the bottom by co-movement, at rank #11. On 12-month performance LAMR holds a 13.0-point edge, +24.0% against +11.0%. One caveat on sizing: MKTW is 2.6 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.
LAMR vs MKTW: side by side
| LAMR (Lamar Advertising Company) | MKTW (MarketWise, Inc.) | |
|---|---|---|
| 1-year return | +24.0% | +11.0% |
| 5-year return | +68.6% | -85.0% |
| Volatility (ann.) | 24.7% | 63.2% |
| Beta vs S&P 500 | 0.90 | 0.83 |
| Max drawdown (3Y) | -23.9% | -85.2% |
| Market cap | $15.3B | – |
| P/E (trailing) | 27.5 | 19.8 |
| Dividend yield | 4.15% | 5.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAMR | MKTW |
|---|---|---|
| 2022 | -18.0% | -77.7% |
| 2023 | +18.6% | +75.8% |
| 2024 | +20.0% | -78.2% |
| 2025 | +9.7% | +50.2% |
| 2026 | +21.7% | +28.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAMR and MKTW good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LAMR and MKTW?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.22 over the last year and 0.36 over 5 years.
Is MKTW a good diversifier for LAMR?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 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/lamr-vs-mktw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lamr-vs-mktw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LAMR correlations · MKTW correlations
