LEE vs SUIG: Correlation
How closely do Lee Enterprises, Incorporated (LEE) and Sui Group Holdings Limited (SUIG) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEE and SUIG?
On 3 years of weekly data the LEE/SUIG correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.05) than the 3-year average (-0.20). The 5-year figure is -0.18, and annualized covariance runs at -2534.7 %².
Out of 10 assets tracked against LEE, SUIG lands near the bottom at #10. The last year tells two different stories: LEE led by 177.3 percentage points, +93.9% for LEE against -83.4% for SUIG. One caveat on sizing: SUIG is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LEE vs SUIG: side by side
| LEE (Lee Enterprises, Incorporated) | SUIG (Sui Group Holdings Limited) | |
|---|---|---|
| 1-year return | +93.9% | -83.4% |
| 5-year return | -67.6% | -88.3% |
| Volatility (ann.) | 79.2% | 162.1% |
| Beta vs S&P 500 | 0.72 | 1.61 |
| Max drawdown (3Y) | -82.0% | -89.2% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEE | SUIG |
|---|---|---|
| 2022 | -46.3% | -75.1% |
| 2023 | -57.6% | +19.5% |
| 2024 | +87.8% | -20.3% |
| 2025 | -67.6% | -14.4% |
| 2026 | +72.4% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEE and SUIG good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between LEE and SUIG?
As of 2026-08-27, the correlation of weekly returns between LEE and SUIG is -0.20 over 3 years, -0.05 over 1 year and -0.18 over 5 years.
Is SUIG a good diversifier for LEE?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
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.
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Related comparisons
Hubs: LEE correlations · SUIG correlations
