LBTYB vs MOH: Correlation
How closely do Liberty Global Ltd. - Class B (LBTYB) and Molina Healthcare Inc (MOH) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LBTYB and MOH?
Across a 3-year window, the weekly returns of LBTYB and MOH correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.45) runs below the 3-year figure (-0.24). Stretching to 5 years gives -0.19, with an annualized covariance of -617.5 %².
Among the 22 assets we track against LBTYB, MOH ranks #16 by 3-year correlation. Their 12-month results are close: +10.5% for LBTYB against +12.8% for MOH.
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.
LBTYB vs MOH: side by side
| LBTYB (Liberty Global Ltd. - Class B) | MOH (Molina Healthcare Inc) | |
|---|---|---|
| 1-year return | +10.5% | +12.8% |
| 5-year return | -55.0% | -25.1% |
| Volatility (ann.) | 57.5% | 44.8% |
| Beta vs S&P 500 | 0.32 | -0.03 |
| Max drawdown (3Y) | -58.2% | -70.8% |
| Market cap | $4.4B | $10.4B |
| P/E (trailing) | – | 1242.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LBTYB | MOH |
|---|---|---|
| 2022 | -32.5% | +3.8% |
| 2023 | -6.3% | +9.4% |
| 2024 | -27.3% | -19.4% |
| 2025 | -8.7% | -40.4% |
| 2026 | +9.4% | +14.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LBTYB and MOH good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between LBTYB and MOH?
As of 2026-08-27, the correlation of weekly returns between LBTYB and MOH is -0.24 over 3 years, -0.45 over 1 year and -0.19 over 5 years.
Is MOH a good diversifier for LBTYB?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/lbtyb-vs-moh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lbtyb-vs-moh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LBTYB correlations · MOH correlations
