LIDR vs SUIG: Correlation
AEye, Inc. (LIDR) and Sui Group Holdings Limited (SUIG) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIDR and SUIG?
Over the past 3 years, LIDR and SUIG moved with a correlation of 0.72, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.72 over 3 years. Over 5 years the correlation is 0.59, and the annualized covariance of weekly returns is 24836.6 %².
Few assets follow LIDR as closely as SUIG, which ranks #1 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with LIDR ahead by 23.1 points (-60.3% versus -83.4%).
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.
LIDR vs SUIG: side by side
| LIDR (AEye, Inc.) | SUIG (Sui Group Holdings Limited) | |
|---|---|---|
| 1-year return | -60.3% | -83.4% |
| 5-year return | -99.6% | -88.3% |
| Volatility (ann.) | 211.5% | 162.1% |
| Beta vs S&P 500 | 2.26 | 1.61 |
| Max drawdown (3Y) | -93.9% | -89.2% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LIDR | SUIG |
|---|---|---|
| 2022 | -90.1% | -75.1% |
| 2023 | -84.1% | +19.5% |
| 2024 | -44.5% | -20.3% |
| 2025 | +44.9% | -14.4% |
| 2026 | -34.8% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIDR and SUIG good diversifiers for each other?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LIDR and SUIG?
As of 2026-08-27, the correlation of weekly returns between LIDR and SUIG is 0.72 over 3 years, 0.18 over 1 year and 0.59 over 5 years.
Is SUIG a good diversifier for LIDR?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.72 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/lidr-vs-suig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lidr-vs-suig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LIDR correlations · SUIG correlations
