LSBK vs VERU: Correlation
How closely do Lake Shore Bancorp, Inc. (LSBK) and Veru Inc. (VERU) trade together? Their weekly returns over three years give a correlation of -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSBK and VERU?
Across a 3-year window, the weekly returns of LSBK and VERU correlate at -0.34, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.09) runs above the 3-year figure (-0.34). Stretching to 5 years gives -0.13, with an annualized covariance of -727.0 %².
Among the 11 assets we track against LSBK, VERU sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months LSBK outperformed by 50.0 percentage points (+33.3% for LSBK against -16.7% for VERU). One caveat on sizing: VERU is 4.2 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.
LSBK vs VERU: side by side
| LSBK (Lake Shore Bancorp, Inc.) | VERU (Veru Inc.) | |
|---|---|---|
| 1-year return | +33.3% | -16.7% |
| 5-year return | +80.0% | -96.9% |
| Volatility (ann.) | 22.5% | 94.7% |
| Beta vs S&P 500 | 0.37 | 0.37 |
| Max drawdown (3Y) | -15.8% | -88.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | 15.1 | – |
| Dividend yield | 2.09% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LSBK | VERU |
|---|---|---|
| 2022 | -15.0% | -10.4% |
| 2023 | -3.0% | -86.4% |
| 2024 | +22.4% | -9.7% |
| 2025 | +48.2% | -67.1% |
| 2026 | +19.1% | +28.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSBK and VERU good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between LSBK and VERU?
The LSBK/VERU correlation stands at -0.34 on a 3-year window (1 year: -0.09, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is VERU a good diversifier for LSBK?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 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/lsbk-vs-veru.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lsbk-vs-veru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LSBK correlations · VERU correlations
