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
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 500 | 2.20 | 1.08 |
| Max drawdown (3Y) | -77.4% | -77.5% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCFY | SY |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/lcfy-vs-sy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lcfy-vs-sy/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: LCFY correlations · SY correlations