LPX vs RPM: Correlation
Measured on weekly returns over the past three years, Louisiana-Pacific Corporation (LPX) and RPM International Inc. (RPM) carry a correlation of 0.68, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPX and RPM?
On 3 years of weekly data the LPX/RPM correlation comes out at 0.68, strong. Recent behaviour matches the longer record: 0.74 over 1 year against 0.68 over 3. The 5-year figure is 0.59, and annualized covariance runs at 632.4 %².
Within LPX's tracked universe of 20 assets, RPM comes in at #5 by 3-year correlation. The trailing year gives RPM the advantage: -25.3% versus -14.3%, a 11.0-point spread.
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.
LPX vs RPM: side by side
| LPX (Louisiana-Pacific Corporation) | RPM (RPM International Inc.) | |
|---|---|---|
| 1-year return | -25.3% | -14.3% |
| 5-year return | +15.9% | +38.7% |
| Volatility (ann.) | 37.4% | 25.0% |
| Beta vs S&P 500 | 1.15 | 0.85 |
| Max drawdown (3Y) | -43.1% | -32.0% |
| Market cap | $4.9B | $13.5B |
| P/E (trailing) | 93.1 | 20.7 |
| Dividend yield | 1.63% | 1.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPX | RPM |
|---|---|---|
| 2022 | -23.4% | -1.7% |
| 2023 | +21.5% | +16.8% |
| 2024 | +47.9% | +12.1% |
| 2025 | -21.0% | -13.9% |
| 2026 | -11.4% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPX and RPM good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LPX and RPM?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.74 over the last year and 0.59 over 5 years.
Is RPM a good diversifier for LPX?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lpx-vs-rpm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lpx-vs-rpm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LPX correlations · RPM correlations
