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LCFY vs SY: Correlation

Locafy Limited (LCFY) and So-Young International Inc. - American Depository Shares (SY) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.41
moderate
Correlation (1Y)
-0.03
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
7010.8
%² · weekly, annualized

How correlated are LCFY and SY?

Across a 3-year window, the weekly returns of LCFY and SY correlate at 0.41, moderate. The past 12 months show a weaker link (-0.03) than the 3-year average (0.41). Stretching to 5 years gives 0.37, with an annualized covariance of 7010.8 %².

By 3-year correlation, SY places #8 of the 16 assets tracked against LCFY. On 12-month performance SY holds a 5.9-point edge, -46.9% against -41.0%. Note the risk asymmetry: LCFY runs 1.7 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.

LCFY vs SY: side by side

LCFY (Locafy Limited)SY (So-Young International Inc. - American Depository Shares)
1-year return-46.9%-41.0%
5-year return-96.6%-54.5%
Volatility (ann.)170.8%99.6%
Beta vs S&P 5002.201.08
Max drawdown (3Y)-77.4%-77.5%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LCFY -77.4% vs -77.5%Higher 5y return: SY -54.5% vs -96.6%
-62%0%+32%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). LCFY · SY

Year-by-year returns

YearLCFYSY
2022-59.6%
2023+53.8%+0.0%
2024-24.3%-32.1%
2025-59.2%+219.0%
2026-18.2%-9.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LCFY and SY good diversifiers for each other?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LCFY and SY?

The LCFY/SY correlation stands at 0.41 on a 3-year window (1 year: -0.03, 5 years: 0.37), computed from weekly returns as of 2026-08-27.

Is SY a good diversifier for LCFY?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.41 mean?

A reading of 0.41 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/lcfy-vs-sy.json

LCFY vs SY: 3-year weekly correlation 0.41LCFY vs SY0.41

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Related comparisons

Hubs: LCFY correlations · SY correlations