LEU vs LTBR: Correlation
Measured on weekly returns over the past three years, Centrus Energy Corp. (LEU) and Lightbridge Corporation (LTBR) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEU and LTBR?
On 3 years of weekly data the LEU/LTBR correlation comes out at 0.64, strong. The past 12 months show a tighter link (0.75) than the 3-year average (0.64). The 5-year figure is 0.61, and annualized covariance runs at 6075.4 %².
LTBR is one of the assets that tracks LEU most closely: it ranks #2 out of the 14 assets we track against LEU. The last year tells two different stories: LEU led by 45.8 percentage points, -1.8% for LEU against -47.6% for LTBR.
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.
LEU vs LTBR: side by side
| LEU (Centrus Energy Corp.) | LTBR (Lightbridge Corporation) | |
|---|---|---|
| 1-year return | -1.8% | -47.6% |
| 5-year return | +636.7% | +32.0% |
| Volatility (ann.) | 84.8% | 111.3% |
| Beta vs S&P 500 | 1.67 | 2.17 |
| Max drawdown (3Y) | -66.4% | -74.0% |
| Market cap | $3.9B | $0.3B |
| P/E (trailing) | 98.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEU | LTBR |
|---|---|---|
| 2022 | -34.9% | -41.3% |
| 2023 | +67.5% | -17.5% |
| 2024 | +22.4% | +47.4% |
| 2025 | +264.4% | +167.2% |
| 2026 | -19.8% | -35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEU and LTBR good diversifiers for each other?
Only partially. A correlation of 0.64 means LEU and LTBR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LEU and LTBR?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.75 over the last year and 0.61 over 5 years.
Is LTBR a good diversifier for LEU?
Only partially. A correlation of 0.64 means LEU and LTBR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
A reading of 0.64 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/leu-vs-ltbr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/leu-vs-ltbr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LEU correlations · LTBR correlations
