LAMR vs SOLV: Correlation
Measured on weekly returns over the past three years, Lamar Advertising Company (LAMR) and Solventum (SOLV) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAMR and SOLV?
Over the past 3 years, LAMR and SOLV moved with a correlation of 0.47, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.47 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 326.5 %².
Among the 14 assets we track against LAMR, SOLV ranks #8 by 3-year correlation. Twelve-month performance is nearly a tie, at +24.0% for LAMR and +24.7% for SOLV.
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 SOLV: side by side
| LAMR (Lamar Advertising Company) | SOLV (Solventum) | |
|---|---|---|
| 1-year return | +24.0% | +24.7% |
| 5-year return | +68.6% | n/a |
| Volatility (ann.) | 24.7% | 30.4% |
| Beta vs S&P 500 | 0.90 | 0.62 |
| Max drawdown (3Y) | -23.9% | -40.0% |
| Market cap | $15.3B | $15.5B |
| P/E (trailing) | 27.5 | 11.2 |
| Dividend yield | 4.15% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | LAMR | SOLV |
|---|---|---|
| 2022 | -18.0% | – |
| 2023 | +18.6% | – |
| 2024 | +20.0% | – |
| 2025 | +9.7% | +20.0% |
| 2026 | +21.7% | +14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAMR and SOLV good diversifiers for each other?
Reasonably. At 0.47, LAMR and SOLV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LAMR and SOLV?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.45 over the last year and n/a over 5 years.
Is SOLV a good diversifier for LAMR?
Reasonably. At 0.47, LAMR and SOLV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/lamr-vs-solv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lamr-vs-solv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAMR correlations · SOLV correlations
