LOBO vs MAA: Correlation
How closely do LOBO TECHNOLOGIES LTD. - Class A (LOBO) and Mid-America Apartment Communities (MAA) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOBO and MAA?
Across a 3-year window, the weekly returns of LOBO and MAA correlate at -0.28, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -602.6 %².
Out of 10 assets tracked against LOBO, MAA lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with LOBO ahead by 34.3 points (+27.7% versus -6.6%). One caveat on sizing: LOBO is 5.5 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.
LOBO vs MAA: side by side
| LOBO (LOBO TECHNOLOGIES LTD. - Class A) | MAA (Mid-America Apartment Communities) | |
|---|---|---|
| 1-year return | +27.7% | -6.6% |
| 5-year return | n/a | -19.3% |
| Volatility (ann.) | 111.5% | 20.3% |
| Beta vs S&P 500 | 0.55 | 0.49 |
| Max drawdown (3Y) | -92.0% | -26.4% |
| Market cap | – | $15.3B |
| P/E (trailing) | – | 37.7 |
| Dividend yield | 0.00% | 4.63% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | LOBO | MAA |
|---|---|---|
| 2022 | – | -29.7% |
| 2023 | – | -11.1% |
| 2024 | – | +19.9% |
| 2025 | -66.0% | -6.4% |
| 2026 | +5.2% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOBO and MAA good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between LOBO and MAA?
As of 2026-08-27, the correlation of weekly returns between LOBO and MAA is -0.28 over 3 years, -0.32 over 1 year and n/a over 5 years.
Is MAA a good diversifier for LOBO?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
A reading of -0.28 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/lobo-vs-maa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lobo-vs-maa/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOBO correlations · MAA correlations
