LPX vs SSTK: Correlation
How closely do Louisiana-Pacific Corporation (LPX) and Shutterstock, Inc. (SSTK) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPX and SSTK?
Over the past 3 years, LPX and SSTK moved with a correlation of 0.43, which is moderate. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.43). Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 798.2 %².
Within LPX's tracked universe of 20 assets, SSTK comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LPX ahead by 45.8 points (-25.3% versus -71.1%).
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 SSTK: side by side
| LPX (Louisiana-Pacific Corporation) | SSTK (Shutterstock, Inc.) | |
|---|---|---|
| 1-year return | -25.3% | -71.1% |
| 5-year return | +15.9% | -94.3% |
| Volatility (ann.) | 37.4% | 50.0% |
| Beta vs S&P 500 | 1.15 | 1.21 |
| Max drawdown (3Y) | -43.1% | -88.2% |
| Market cap | $4.9B | $0.2B |
| P/E (trailing) | 93.1 | – |
| Dividend yield | 1.63% | 24.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPX | SSTK |
|---|---|---|
| 2022 | -23.4% | -51.7% |
| 2023 | +21.5% | -6.4% |
| 2024 | +47.9% | -35.1% |
| 2025 | -21.0% | -32.7% |
| 2026 | -11.4% | -69.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPX and SSTK good diversifiers for each other?
Reasonably. At 0.43, LPX and SSTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LPX and SSTK?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.23 over the last year and 0.42 over 5 years.
Is SSTK a good diversifier for LPX?
Reasonably. At 0.43, LPX and SSTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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-sstk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lpx-vs-sstk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LPX correlations · SSTK correlations
