LPA vs S: Correlation
How closely do Logistic Properties of the Americas (LPA) and SentinelOne, Inc. (S) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPA and S?
Across a 3-year window, the weekly returns of LPA and S correlate at -0.32, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.32 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -7999.5 %².
Out of 21 assets tracked against LPA, S lands near the bottom at #18. Correlation aside, the last 12 months split them widely, with S ahead by 84.7 points (-52.3% versus +32.4%). Note the risk asymmetry: LPA runs 11.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 S: side by side
| LPA (Logistic Properties of the Americas) | S (SentinelOne, Inc.) | |
|---|---|---|
| 1-year return | -52.3% | +32.4% |
| 5-year return | n/a | -65.2% |
| Volatility (ann.) | 540.6% | 48.4% |
| Beta vs S&P 500 | -0.73 | 1.43 |
| Max drawdown (3Y) | -99.1% | -60.2% |
| Market cap | $0.1B | $7.8B |
| P/E (trailing) | 5.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPA | S |
|---|---|---|
| 2022 | – | -71.1% |
| 2023 | – | +88.1% |
| 2024 | – | -19.1% |
| 2025 | -74.5% | -32.4% |
| 2026 | +12.5% | +51.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPA and S good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between LPA and S?
As of 2026-08-27, the correlation of weekly returns between LPA and S is -0.32 over 3 years, -0.03 over 1 year and n/a over 5 years.
Is S a good diversifier for LPA?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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-s.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lpa-vs-s/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LPA correlations · S correlations
