LMB vs VST: Correlation
How closely do Limbach Holdings, Inc. (LMB) and Vistra Corp. (VST) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LMB and VST?
Across a 3-year window, the weekly returns of LMB and VST correlate at 0.49, moderate. The past 12 months show a weaker link (0.34) than the 3-year average (0.49). Stretching to 5 years gives 0.40, with an annualized covariance of 1571.1 %².
Within LMB's tracked universe of 12 assets, VST comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VST outperformed by 39.1 percentage points (-66.9% for LMB against -27.8% for VST).
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.
LMB vs VST: side by side
| LMB (Limbach Holdings, Inc.) | VST (Vistra Corp.) | |
|---|---|---|
| 1-year return | -66.9% | -27.8% |
| 5-year return | +417.7% | +713.7% |
| Volatility (ann.) | 60.8% | 52.8% |
| Beta vs S&P 500 | 1.22 | 1.62 |
| Max drawdown (3Y) | -72.1% | -48.8% |
| Market cap | $0.5B | $46.9B |
| P/E (trailing) | 16.6 | 23.6 |
| Dividend yield | 0.00% | 0.65% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | LMB | VST |
|---|---|---|
| 2022 | +15.7% | +5.1% |
| 2023 | +336.8% | +70.7% |
| 2024 | +88.1% | +261.5% |
| 2025 | -9.0% | +17.7% |
| 2026 | -46.4% | -13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LMB and VST good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LMB and VST?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.34 over the last year and 0.40 over 5 years.
Is VST a good diversifier for LMB?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: LMB correlations · VST correlations
