LAZ vs YYGH: Correlation
Lazard, Inc. (LAZ) and YY Group Holding Limited - Class A (YYGH) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAZ and YYGH?
On 3 years of weekly data the LAZ/YYGH correlation comes out at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1874.4 %².
Out of 14 assets tracked against LAZ, YYGH lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months LAZ outperformed by 78.0 percentage points (-21.9% for LAZ against -99.9% for YYGH). Risk is not evenly split, since YYGH carries 4.0 times the volatility of the other side.
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.
LAZ vs YYGH: side by side
| LAZ (Lazard, Inc.) | YYGH (YY Group Holding Limited - Class A) | |
|---|---|---|
| 1-year return | -21.9% | -99.9% |
| 5-year return | +14.6% | n/a |
| Volatility (ann.) | 36.4% | 147.2% |
| Beta vs S&P 500 | 1.49 | 2.16 |
| Max drawdown (3Y) | -44.2% | -100.0% |
| Market cap | $4.2B | – |
| P/E (trailing) | 21.1 | – |
| Dividend yield | 4.67% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAZ | YYGH |
|---|---|---|
| 2022 | -16.2% | – |
| 2023 | +6.9% | – |
| 2024 | +54.8% | – |
| 2025 | -1.6% | -89.3% |
| 2026 | -8.2% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAZ and YYGH good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LAZ and YYGH?
The LAZ/YYGH correlation stands at 0.33 on a 3-year window (1 year: 0.34, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YYGH a good diversifier for LAZ?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/laz-vs-yygh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/laz-vs-yygh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAZ correlations · YYGH correlations
