LASE vs SDOT: Correlation
Measured on weekly returns over the past three years, Laser Photonics Corporation (LASE) and Sadot Group Inc. (SDOT) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LASE and SDOT?
Across a 3-year window, the weekly returns of LASE and SDOT correlate at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.69) runs above the 3-year figure (0.49). Stretching to 5 years gives 0.43, with an annualized covariance of 25935.0 %².
In LASE's tracked universe of 14 assets, SDOT sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months LASE outperformed by 26.5 percentage points (-64.9% for LASE against -91.4% for SDOT).
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.
LASE vs SDOT: side by side
| LASE (Laser Photonics Corporation) | SDOT (Sadot Group Inc.) | |
|---|---|---|
| 1-year return | -64.9% | -91.4% |
| 5-year return | n/a | -99.3% |
| Volatility (ann.) | 212.3% | 250.1% |
| Beta vs S&P 500 | 0.04 | -0.18 |
| Max drawdown (3Y) | -96.8% | -99.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LASE | SDOT |
|---|---|---|
| 2022 | – | +26.4% |
| 2023 | -42.2% | -55.9% |
| 2024 | +389.8% | -5.5% |
| 2025 | -57.3% | -96.8% |
| 2026 | -35.6% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LASE and SDOT good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LASE and SDOT?
As of 2026-08-27, the correlation of weekly returns between LASE and SDOT is 0.49 over 3 years, 0.69 over 1 year and 0.43 over 5 years.
Is SDOT a good diversifier for LASE?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/lase-vs-sdot.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lase-vs-sdot/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LASE correlations · SDOT correlations
