LPA vs PATH: Correlation
Logistic Properties of the Americas (LPA) and UiPath, Inc. (PATH) show a negative relationship: their 3-year correlation of weekly returns is -0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPA and PATH?
On 3 years of weekly data the LPA/PATH correlation comes out at -0.39, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.25 versus -0.39 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -12627.1 %².
Among the 21 assets we track against LPA, PATH sits near the bottom by co-movement, at rank #21. Correlation aside, the last 12 months split them widely, with PATH ahead by 116.8 points (-52.3% versus +64.5%). Risk is not evenly split, since LPA carries 8.9 times the volatility of the other side.
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.
LPA vs PATH: side by side
| LPA (Logistic Properties of the Americas) | PATH (UiPath, Inc.) | |
|---|---|---|
| 1-year return | -52.3% | +64.5% |
| 5-year return | n/a | -71.6% |
| Volatility (ann.) | 540.6% | 60.8% |
| Beta vs S&P 500 | -0.73 | 1.40 |
| Max drawdown (3Y) | -99.1% | -65.1% |
| Market cap | $0.1B | $9.5B |
| P/E (trailing) | 5.7 | 27.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPA | PATH |
|---|---|---|
| 2022 | – | -70.5% |
| 2023 | – | +95.4% |
| 2024 | – | -48.8% |
| 2025 | -74.5% | +29.0% |
| 2026 | +12.5% | +11.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPA and PATH good diversifiers for each other?
By historical standards, yes. A correlation of -0.39 means the two rarely move for the same reasons.
FAQ
What is the correlation between LPA and PATH?
The LPA/PATH correlation stands at -0.39 on a 3-year window (1 year: -0.25, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PATH a good diversifier for LPA?
By historical standards, yes. A correlation of -0.39 means the two rarely move for the same reasons.
What does a correlation of -0.39 mean?
On the −1 to +1 scale, -0.39 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/lpa-vs-path.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lpa-vs-path/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LPA correlations · PATH correlations
