LCFY vs LIVE: Correlation
How closely do Locafy Limited (LCFY) and Live Ventures Incorporated (LIVE) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCFY and LIVE?
Over the past 3 years, LCFY and LIVE moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.02 versus 0.40 over 3 years. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 6517.5 %².
Among the 16 assets we track against LCFY, LIVE ranks #9 by 3-year correlation. The trailing year gives LCFY the advantage: -46.9% versus -53.1%, a 6.2-point spread. Risk is not evenly split, since LCFY carries 1.8 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.
LCFY vs LIVE: side by side
| LCFY (Locafy Limited) | LIVE (Live Ventures Incorporated) | |
|---|---|---|
| 1-year return | -46.9% | -53.1% |
| 5-year return | -96.6% | -76.0% |
| Volatility (ann.) | 170.8% | 94.6% |
| Beta vs S&P 500 | 2.20 | 0.30 |
| Max drawdown (3Y) | -77.4% | -76.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCFY | LIVE |
|---|---|---|
| 2022 | – | -0.7% |
| 2023 | +53.8% | -18.8% |
| 2024 | -24.3% | -63.3% |
| 2025 | -59.2% | +58.6% |
| 2026 | -18.2% | -37.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCFY and LIVE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LCFY and LIVE?
The LCFY/LIVE correlation stands at 0.40 on a 3-year window (1 year: 0.02, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is LIVE a good diversifier for LCFY?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: LCFY correlations · LIVE correlations
