LKFN vs UONE: Correlation
Measured on weekly returns over the past three years, Lakeland Financial Corporation (LKFN) and Urban One, Inc. (UONE) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LKFN and UONE?
On 3 years of weekly data the LKFN/UONE correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.36). The 5-year figure is 0.26, and annualized covariance runs at 720.9 %².
Among the 15 assets we track against LKFN, UONE sits near the bottom by co-movement, at rank #11. Correlation aside, the last 12 months split them widely, with LKFN ahead by 60.0 points (-10.4% versus -70.4%). One caveat on sizing: UONE is 2.2 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.
LKFN vs UONE: side by side
| LKFN (Lakeland Financial Corporation) | UONE (Urban One, Inc.) | |
|---|---|---|
| 1-year return | -10.4% | -70.4% |
| 5-year return | +4.7% | -93.9% |
| Volatility (ann.) | 29.9% | 67.2% |
| Beta vs S&P 500 | 0.75 | 0.97 |
| Max drawdown (3Y) | -31.7% | -91.9% |
| Market cap | $1.5B | – |
| P/E (trailing) | 13.6 | – |
| Dividend yield | 3.46% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LKFN | UONE |
|---|---|---|
| 2022 | -7.0% | -2.2% |
| 2023 | -7.8% | -11.4% |
| 2024 | +8.7% | -61.8% |
| 2025 | -14.3% | -33.1% |
| 2026 | +6.4% | -53.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LKFN and UONE good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LKFN and UONE?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.18 over the last year and 0.26 over 5 years.
Is UONE a good diversifier for LKFN?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
A reading of 0.36 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/lkfn-vs-uone.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lkfn-vs-uone/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LKFN correlations · UONE correlations
