LGCL vs VZ: Correlation
Lucas GC Limited - Class A (LGCL) and Verizon (VZ) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LGCL and VZ?
Over the past 3 years, LGCL and VZ moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.25) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -747.7 %².
Within LGCL's tracked universe of 15 assets, VZ comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VZ outperformed by 119.0 percentage points (-99.7% for LGCL against +19.3% for VZ). One caveat on sizing: LGCL is 6.9 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.
LGCL vs VZ: side by side
| LGCL (Lucas GC Limited - Class A) | VZ (Verizon) | |
|---|---|---|
| 1-year return | -99.7% | +19.3% |
| 5-year return | n/a | +23.8% |
| Volatility (ann.) | 159.1% | 22.9% |
| Beta vs S&P 500 | 1.88 | 0.15 |
| Max drawdown (3Y) | -100.0% | -17.0% |
| Market cap | – | $205.4B |
| P/E (trailing) | 0.1 | 12.9 |
| Dividend yield | 0.00% | 5.57% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | LGCL | VZ |
|---|---|---|
| 2022 | – | -20.0% |
| 2023 | – | +2.7% |
| 2024 | – | +13.1% |
| 2025 | -91.0% | +8.9% |
| 2026 | -97.5% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LGCL and VZ good diversifiers for each other?
Yes. With a correlation of -0.21, LGCL and VZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LGCL and VZ?
As of 2026-08-27, the correlation of weekly returns between LGCL and VZ is -0.21 over 3 years, -0.25 over 1 year and n/a over 5 years.
Is VZ a good diversifier for LGCL?
Yes. With a correlation of -0.21, LGCL and VZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/lgcl-vs-vz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lgcl-vs-vz/)
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Related comparisons
Hubs: LGCL correlations · VZ correlations
