LPSN vs SMRT: Correlation
LivePerson, Inc. (LPSN) and SmartRent, Inc. (SMRT) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPSN and SMRT?
Across a 3-year window, the weekly returns of LPSN and SMRT correlate at 0.44, moderate. The link has tightened recently: the 1-year correlation (0.56) runs above the 3-year figure (0.44). Stretching to 5 years gives 0.41, with an annualized covariance of 3044.4 %².
By 3-year correlation, SMRT places #4 of the 14 assets tracked against LPSN. The last year tells two different stories: SMRT led by 75.4 percentage points, -82.9% for LPSN against -7.5% for SMRT. Note the risk asymmetry: LPSN runs 1.6 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.
LPSN vs SMRT: side by side
| LPSN (LivePerson, Inc.) | SMRT (SmartRent, Inc.) | |
|---|---|---|
| 1-year return | -82.9% | -7.5% |
| 5-year return | -99.7% | -89.1% |
| Volatility (ann.) | 105.2% | 66.0% |
| Beta vs S&P 500 | 2.05 | 1.68 |
| Max drawdown (3Y) | -97.8% | -79.4% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPSN | SMRT |
|---|---|---|
| 2022 | -71.6% | -74.9% |
| 2023 | -62.6% | +31.3% |
| 2024 | -59.9% | -45.1% |
| 2025 | -83.0% | +15.4% |
| 2026 | -27.9% | -32.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPSN and SMRT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LPSN and SMRT?
As of 2026-08-27, the correlation of weekly returns between LPSN and SMRT is 0.44 over 3 years, 0.56 over 1 year and 0.41 over 5 years.
Is SMRT a good diversifier for LPSN?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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-smrt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lpsn-vs-smrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LPSN correlations · SMRT correlations
