LSF vs SERV: Correlation
How closely do Laird Superfood, Inc. (LSF) and Serve Robotics Inc. (SERV) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSF and SERV?
Across a 3-year window, the weekly returns of LSF and SERV correlate at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.17) runs above the 3-year figure (-0.25). Stretching to 5 years gives n/a, with an annualized covariance of -9169.4 %².
Among the 14 assets we track against LSF, SERV sits near the bottom by co-movement, at rank #12. Their recent paths diverged sharply: over the last 12 months LSF outperformed by 25.4 percentage points (-32.6% for LSF against -58.0% for SERV).
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.
LSF vs SERV: side by side
| LSF (Laird Superfood, Inc.) | SERV (Serve Robotics Inc.) | |
|---|---|---|
| 1-year return | -32.6% | -58.0% |
| 5-year return | -79.5% | n/a |
| Volatility (ann.) | 183.4% | 186.9% |
| Beta vs S&P 500 | 1.17 | 1.18 |
| Max drawdown (3Y) | -79.9% | -92.4% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LSF | SERV |
|---|---|---|
| 2022 | -93.6% | – |
| 2023 | +8.3% | – |
| 2024 | +765.9% | – |
| 2025 | -71.8% | -23.1% |
| 2026 | +74.8% | -53.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSF and SERV good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LSF and SERV?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with 0.17 over the last year and n/a over 5 years.
Is SERV a good diversifier for LSF?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 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.
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Related comparisons
Hubs: LSF correlations · SERV correlations
