LASE vs TROO: Correlation
Laser Photonics Corporation (LASE) and TROOPS, Inc. (TROO) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LASE and TROO?
Across a 3-year window, the weekly returns of LASE and TROO correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.38 versus -0.22 over 3 years. Stretching to 5 years gives -0.18, with an annualized covariance of -4899.9 %².
Among the 14 assets we track against LASE, TROO sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with TROO ahead by 159.6 points (-64.9% versus +94.7%). Note the risk asymmetry: LASE runs 2.0 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 TROO: side by side
| LASE (Laser Photonics Corporation) | TROO (TROOPS, Inc.) | |
|---|---|---|
| 1-year return | -64.9% | +94.7% |
| 5-year return | n/a | -73.3% |
| Volatility (ann.) | 212.3% | 104.4% |
| Beta vs S&P 500 | 0.04 | 0.54 |
| Max drawdown (3Y) | -96.8% | -89.5% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LASE | TROO |
|---|---|---|
| 2022 | – | -55.6% |
| 2023 | -42.2% | +37.2% |
| 2024 | +389.8% | -45.2% |
| 2025 | -57.3% | +95.1% |
| 2026 | -35.6% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LASE and TROO good diversifiers for each other?
Yes. With a correlation of -0.22, LASE and TROO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LASE and TROO?
As of 2026-08-27, the correlation of weekly returns between LASE and TROO is -0.22 over 3 years, -0.38 over 1 year and -0.18 over 5 years.
Is TROO a good diversifier for LASE?
Yes. With a correlation of -0.22, LASE and TROO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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-troo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lase-vs-troo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LASE correlations · TROO correlations
