LNZA vs SUPX: Correlation
How closely do LanzaTech Global, Inc. (LNZA) and SuperX AI Technology Limited (SUPX) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNZA and SUPX?
Over the past 3 years, LNZA and SUPX moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.20 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3669.0 %².
Out of 10 assets tracked against LNZA, SUPX lands near the bottom at #8. Neither side won the trailing year by much: -72.1% against -77.0%.
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.
LNZA vs SUPX: side by side
| LNZA (LanzaTech Global, Inc.) | SUPX (SuperX AI Technology Limited) | |
|---|---|---|
| 1-year return | -72.1% | -77.0% |
| 5-year return | -99.4% | n/a |
| Volatility (ann.) | 146.7% | 115.6% |
| Beta vs S&P 500 | 1.84 | 0.01 |
| Max drawdown (3Y) | -99.4% | -92.3% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | 0.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNZA | SUPX |
|---|---|---|
| 2022 | +3.3% | – |
| 2023 | -49.6% | – |
| 2024 | -72.8% | – |
| 2025 | -90.0% | +318.1% |
| 2026 | -54.8% | -37.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNZA and SUPX good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LNZA and SUPX?
As of 2026-08-27, the correlation of weekly returns between LNZA and SUPX is -0.20 over 3 years, -0.22 over 1 year and n/a over 5 years.
Is SUPX a good diversifier for LNZA?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lnza-vs-supx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lnza-vs-supx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNZA correlations · SUPX correlations
