LCID vs UUU: Correlation
Lucid Group, Inc. (LCID) and Universal Safety Products, Inc. (UUU) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCID and UUU?
Over the past 3 years, LCID and UUU moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.17 lands near the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -1890.9 %².
UUU is close to the least connected end of LCID's tracked universe, ranking #9 of 10. Correlation aside, the last 12 months split them widely, with UUU ahead by 159.6 points (-75.5% versus +84.1%). Note the risk asymmetry: UUU runs 1.6 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.
LCID vs UUU: side by side
| LCID (Lucid Group, Inc.) | UUU (Universal Safety Products, Inc.) | |
|---|---|---|
| 1-year return | -75.5% | +84.1% |
| 5-year return | -97.5% | +5.9% |
| Volatility (ann.) | 78.4% | 122.8% |
| Beta vs S&P 500 | 1.25 | -0.54 |
| Max drawdown (3Y) | -92.7% | -77.3% |
| Market cap | $2.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCID | UUU |
|---|---|---|
| 2022 | -82.0% | -40.3% |
| 2023 | -38.4% | -18.2% |
| 2024 | -28.3% | +42.8% |
| 2025 | -65.0% | +158.6% |
| 2026 | -51.8% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCID and UUU good diversifiers for each other?
Yes. With a correlation of -0.20, LCID and UUU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LCID and UUU?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.17 over the last year and -0.12 over 5 years.
Is UUU a good diversifier for LCID?
Yes. With a correlation of -0.20, LCID and UUU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/lcid-vs-uuu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lcid-vs-uuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LCID correlations · UUU correlations
