LPSN vs NXTS: Correlation
Measured on weekly returns over the past three years, LivePerson, Inc. (LPSN) and Nexentis Technologies Inc. (NXTS) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPSN and NXTS?
Over the past 3 years, LPSN and NXTS moved with a correlation of 0.46, which is moderate. The past 12 months show a weaker link (0.27) than the 3-year average (0.46). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 27267.6 %².
In LPSN's tracked universe of 14 assets, NXTS sits right near the top at #2. On 12-month performance LPSN holds a 13.4-point edge, -82.9% against -96.3%. One caveat on sizing: NXTS is 5.4 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.
LPSN vs NXTS: side by side
| LPSN (LivePerson, Inc.) | NXTS (Nexentis Technologies Inc.) | |
|---|---|---|
| 1-year return | -82.9% | -96.3% |
| 5-year return | -99.7% | -100.0% |
| Volatility (ann.) | 105.2% | 565.9% |
| Beta vs S&P 500 | 2.05 | 0.14 |
| Max drawdown (3Y) | -97.8% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | 0.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPSN | NXTS |
|---|---|---|
| 2022 | -71.6% | -81.2% |
| 2023 | -62.6% | -62.2% |
| 2024 | -59.9% | -87.6% |
| 2025 | -83.0% | -80.6% |
| 2026 | -27.9% | -83.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPSN and NXTS good diversifiers for each other?
Reasonably. At 0.46, LPSN and NXTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LPSN and NXTS?
As of 2026-08-27, the correlation of weekly returns between LPSN and NXTS is 0.46 over 3 years, 0.27 over 1 year and 0.39 over 5 years.
Is NXTS a good diversifier for LPSN?
Reasonably. At 0.46, LPSN and NXTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/lpsn-vs-nxts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lpsn-vs-nxts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LPSN correlations · NXTS correlations
