LCTX vs PRE: Correlation
Lineage Cell Therapeutics, Inc. (LCTX) and Prenetics Global Limited - Class A (PRE) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCTX and PRE?
On 3 years of weekly data the LCTX/PRE correlation comes out at 0.31, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.31 over 3 years. The 5-year figure is 0.21, and annualized covariance runs at 1995.3 %².
By 3-year correlation, PRE places #6 of the 11 assets tracked against LCTX. Correlation aside, the last 12 months split them widely, with PRE ahead by 259.6 points (-4.9% versus +254.7%).
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.
LCTX vs PRE: side by side
| LCTX (Lineage Cell Therapeutics, Inc.) | PRE (Prenetics Global Limited - Class A) | |
|---|---|---|
| 1-year return | -4.9% | +254.7% |
| 5-year return | -52.7% | -76.5% |
| Volatility (ann.) | 72.1% | 88.4% |
| Beta vs S&P 500 | 1.00 | 0.46 |
| Max drawdown (3Y) | -73.6% | -64.9% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCTX | PRE |
|---|---|---|
| 2022 | -52.2% | -74.0% |
| 2023 | -6.8% | -80.3% |
| 2024 | -54.1% | -1.9% |
| 2025 | +234.0% | +171.6% |
| 2026 | -30.5% | +66.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCTX and PRE good diversifiers for each other?
Reasonably. At 0.31, LCTX and PRE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LCTX and PRE?
As of 2026-08-27, the correlation of weekly returns between LCTX and PRE is 0.31 over 3 years, 0.10 over 1 year and 0.21 over 5 years.
Is PRE a good diversifier for LCTX?
Reasonably. At 0.31, LCTX and PRE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/lctx-vs-pre.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lctx-vs-pre/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LCTX correlations · PRE correlations
