LEU vs SAIH: Correlation
How closely do Centrus Energy Corp. (LEU) and SAIHEAT Limited - Class A (SAIH) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEU and SAIH?
Across a 3-year window, the weekly returns of LEU and SAIH correlate at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Stretching to 5 years gives 0.18, with an annualized covariance of 4281.1 %².
By 3-year correlation, SAIH places #8 of the 14 assets tracked against LEU. The last year tells two different stories: SAIH led by 288.3 percentage points, -1.8% for LEU against +286.5% for SAIH.
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 SAIH: side by side
| LEU (Centrus Energy Corp.) | SAIH (SAIHEAT Limited - Class A) | |
|---|---|---|
| 1-year return | -1.8% | +286.5% |
| 5-year return | +636.7% | -83.7% |
| Volatility (ann.) | 84.8% | 112.8% |
| Beta vs S&P 500 | 1.67 | 2.00 |
| Max drawdown (3Y) | -66.4% | -85.5% |
| Market cap | $3.9B | – |
| P/E (trailing) | 98.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEU | SAIH |
|---|---|---|
| 2022 | -34.9% | -79.6% |
| 2023 | +67.5% | -40.8% |
| 2024 | +22.4% | -35.3% |
| 2025 | +264.4% | -20.3% |
| 2026 | -19.8% | +158.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEU and SAIH good diversifiers for each other?
Reasonably. At 0.45, LEU and SAIH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LEU and SAIH?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.42 over the last year and 0.18 over 5 years.
Is SAIH a good diversifier for LEU?
Reasonably. At 0.45, LEU and SAIH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/leu-vs-saih.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/leu-vs-saih/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEU correlations · SAIH correlations
