LIF vs OMER: Correlation
Measured on weekly returns over the past three years, Life360, Inc. (LIF) and Omeros Corporation (OMER) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIF and OMER?
Across a 3-year window, the weekly returns of LIF and OMER correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.10 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -1484.3 %².
Among the 20 assets we track against LIF, OMER sits near the bottom by co-movement, at rank #17. The last year tells two different stories: OMER led by 404.3 percentage points, -51.4% for LIF against +352.9% for OMER. One caveat on sizing: OMER is 1.9 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.
LIF vs OMER: side by side
| LIF (Life360, Inc.) | OMER (Omeros Corporation) | |
|---|---|---|
| 1-year return | -51.4% | +352.9% |
| 5-year return | n/a | +22.7% |
| Volatility (ann.) | 63.6% | 119.0% |
| Beta vs S&P 500 | 2.18 | 1.80 |
| Max drawdown (3Y) | -65.6% | -75.6% |
| Market cap | $3.6B | $1.4B |
| P/E (trailing) | 25.1 | 11.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LIF | OMER |
|---|---|---|
| 2022 | – | -64.9% |
| 2023 | – | +44.7% |
| 2024 | – | +202.1% |
| 2025 | +55.4% | +73.9% |
| 2026 | -31.0% | +12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIF and OMER good diversifiers for each other?
Yes. With a correlation of -0.19, LIF and OMER have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LIF and OMER?
The LIF/OMER correlation stands at -0.19 on a 3-year window (1 year: -0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OMER a good diversifier for LIF?
Yes. With a correlation of -0.19, LIF and OMER have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lif-vs-omer.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lif-vs-omer/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LIF correlations · OMER correlations
