LCUT vs MXCT: Correlation
How closely do Lifetime Brands, Inc. (LCUT) and MaxCyte, Inc. (MXCT) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCUT and MXCT?
Over the past 3 years, LCUT and MXCT moved with a correlation of 0.34, which is moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.34). Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 1368.3 %².
Within LCUT's tracked universe of 10 assets, MXCT comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LCUT outperformed by 148.1 percentage points (+139.5% for LCUT against -8.6% for MXCT).
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.
LCUT vs MXCT: side by side
| LCUT (Lifetime Brands, Inc.) | MXCT (MaxCyte, Inc.) | |
|---|---|---|
| 1-year return | +139.5% | -8.6% |
| 5-year return | -41.8% | -91.7% |
| Volatility (ann.) | 64.8% | 63.0% |
| Beta vs S&P 500 | 0.81 | 1.35 |
| Max drawdown (3Y) | -73.3% | -87.4% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 1.86% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCUT | MXCT |
|---|---|---|
| 2022 | -51.8% | -46.4% |
| 2023 | -8.9% | -13.9% |
| 2024 | -9.9% | -11.5% |
| 2025 | -30.3% | -62.7% |
| 2026 | +138.9% | -17.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCUT and MXCT good diversifiers for each other?
Reasonably. At 0.34, LCUT and MXCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LCUT and MXCT?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.24 over the last year and 0.27 over 5 years.
Is MXCT a good diversifier for LCUT?
Reasonably. At 0.34, LCUT and MXCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lcut-vs-mxct.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lcut-vs-mxct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LCUT correlations · MXCT correlations
