LASE vs SOAR: Correlation
How closely do Laser Photonics Corporation (LASE) and Volato Group, Inc. (SOAR) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LASE and SOAR?
On 3 years of weekly data the LASE/SOAR correlation comes out at 0.36, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.36 over 3 years. The 5-year figure is 0.33, and annualized covariance runs at 10877.1 %².
Among the 14 assets we track against LASE, SOAR ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LASE ahead by 22.0 points (-64.9% versus -86.9%). One caveat on sizing: LASE is 1.5 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.
LASE vs SOAR: side by side
| LASE (Laser Photonics Corporation) | SOAR (Volato Group, Inc.) | |
|---|---|---|
| 1-year return | -64.9% | -86.9% |
| 5-year return | n/a | -99.9% |
| Volatility (ann.) | 212.3% | 140.6% |
| Beta vs S&P 500 | 0.04 | 1.26 |
| Max drawdown (3Y) | -96.8% | -100.0% |
| 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 | SOAR |
|---|---|---|
| 2023 | -42.2% | -62.9% |
| 2024 | +389.8% | -93.5% |
| 2025 | -57.3% | -88.2% |
| 2026 | -35.6% | -68.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LASE and SOAR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LASE and SOAR?
As of 2026-08-27, the correlation of weekly returns between LASE and SOAR is 0.36 over 3 years, 0.63 over 1 year and 0.33 over 5 years.
Is SOAR a good diversifier for LASE?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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-soar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lase-vs-soar/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LASE correlations · SOAR correlations
