LFST vs MTC: Correlation
LifeStance Health Group, Inc. (LFST) and MMTec, Inc. (MTC) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFST and MTC?
On 3 years of weekly data the LFST/MTC correlation comes out at 0.36, moderate. The past 12 months show a tighter link (0.50) than the 3-year average (0.36). The 5-year figure is 0.30, and annualized covariance runs at 4599.2 %².
Within LFST's tracked universe of 11 assets, MTC comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MTC ahead by 178.1 points (+124.0% versus +302.1%). One caveat on sizing: MTC is 5.3 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.
LFST vs MTC: side by side
| LFST (LifeStance Health Group, Inc.) | MTC (MMTec, Inc.) | |
|---|---|---|
| 1-year return | +124.0% | +302.1% |
| 5-year return | -15.6% | -96.8% |
| Volatility (ann.) | 49.0% | 261.2% |
| Beta vs S&P 500 | 0.73 | 0.26 |
| Max drawdown (3Y) | -56.5% | -99.6% |
| Market cap | $4.7B | $0.4B |
| P/E (trailing) | 94.6 | 5.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LFST | MTC |
|---|---|---|
| 2022 | -48.1% | -88.3% |
| 2023 | +58.5% | +29.0% |
| 2024 | -5.9% | -80.4% |
| 2025 | -4.5% | +117.8% |
| 2026 | +74.7% | +11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFST and MTC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LFST and MTC?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.50 over the last year and 0.30 over 5 years.
Is MTC a good diversifier for LFST?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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/lfst-vs-mtc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lfst-vs-mtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LFST correlations · MTC correlations
