LASE vs STI: Correlation
How closely do Laser Photonics Corporation (LASE) and Solidion Technology, Inc. (STI) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LASE and STI?
On 3 years of weekly data the LASE/STI correlation comes out at 0.53, moderate. The past 12 months show a tighter link (0.74) than the 3-year average (0.53). The 5-year figure is 0.49, and annualized covariance runs at 51930.7 %².
In LASE's tracked universe of 14 assets, STI sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months STI outperformed by 210.3 percentage points (-64.9% for LASE against +145.4% for STI). Note the risk asymmetry: STI runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 STI: side by side
| LASE (Laser Photonics Corporation) | STI (Solidion Technology, Inc.) | |
|---|---|---|
| 1-year return | -64.9% | +145.4% |
| 5-year return | n/a | -98.5% |
| Volatility (ann.) | 212.3% | 458.4% |
| Beta vs S&P 500 | 0.04 | -1.02 |
| Max drawdown (3Y) | -96.8% | -99.5% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LASE | STI |
|---|---|---|
| 2023 | -42.2% | -24.1% |
| 2024 | +389.8% | -90.9% |
| 2025 | -57.3% | -79.7% |
| 2026 | -35.6% | +9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LASE and STI good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LASE and STI?
As of 2026-08-27, the correlation of weekly returns between LASE and STI is 0.53 over 3 years, 0.74 over 1 year and 0.49 over 5 years.
Is STI a good diversifier for LASE?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
A reading of 0.53 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/lase-vs-sti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lase-vs-sti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LASE correlations · STI correlations
