LFST vs TCMD: Correlation
Measured on weekly returns over the past three years, LifeStance Health Group, Inc. (LFST) and Tactile Systems Technology, Inc. (TCMD) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFST and TCMD?
Across a 3-year window, the weekly returns of LFST and TCMD correlate at 0.44, moderate. The link has tightened recently: the 1-year correlation (0.55) runs above the 3-year figure (0.44). Stretching to 5 years gives 0.40, with an annualized covariance of 1360.7 %².
By 3-year correlation, TCMD places #5 of the 11 assets tracked against LFST. The last year tells two different stories: LFST led by 48.3 percentage points, +124.0% for LFST against +75.7% for TCMD.
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 TCMD: side by side
| LFST (LifeStance Health Group, Inc.) | TCMD (Tactile Systems Technology, Inc.) | |
|---|---|---|
| 1-year return | +124.0% | +75.7% |
| 5-year return | -15.6% | -47.2% |
| Volatility (ann.) | 49.0% | 63.6% |
| Beta vs S&P 500 | 0.73 | 0.87 |
| Max drawdown (3Y) | -56.5% | -51.8% |
| Market cap | $4.7B | $0.5B |
| P/E (trailing) | 94.6 | 22.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LFST | TCMD |
|---|---|---|
| 2022 | -48.1% | -39.7% |
| 2023 | +58.5% | +24.6% |
| 2024 | -5.9% | +19.8% |
| 2025 | -4.5% | +69.3% |
| 2026 | +74.7% | -20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFST and TCMD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LFST and TCMD?
The LFST/TCMD correlation stands at 0.44 on a 3-year window (1 year: 0.55, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is TCMD a good diversifier for LFST?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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-tcmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lfst-vs-tcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LFST correlations · TCMD correlations
