LSPD vs SABR: Correlation
Measured on weekly returns over the past three years, Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) and Sabre Corporation (SABR) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSPD and SABR?
Over the past 3 years, LSPD and SABR moved with a correlation of 0.45, which is moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.45 over 3. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 1622.6 %².
Out of 17 assets tracked against LSPD, SABR lands near the bottom at #13. Correlation aside, the last 12 months split them widely, with SABR ahead by 32.5 points (-11.6% versus +20.9%). Risk is not evenly split, since SABR carries 1.6 times the volatility of the other side.
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.
LSPD vs SABR: side by side
| LSPD (Lightspeed Commerce Inc. Subordinate Voting Shares) | SABR (Sabre Corporation) | |
|---|---|---|
| 1-year return | -11.6% | +20.9% |
| 5-year return | -90.0% | -80.2% |
| Volatility (ann.) | 48.1% | 75.5% |
| Beta vs S&P 500 | 1.83 | 2.20 |
| Max drawdown (3Y) | -62.7% | -84.8% |
| Market cap | $1.4B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LSPD | SABR |
|---|---|---|
| 2022 | -64.6% | -28.1% |
| 2023 | +46.8% | -28.8% |
| 2024 | -27.4% | -17.0% |
| 2025 | -20.7% | -62.7% |
| 2026 | -10.7% | +57.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSPD and SABR good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LSPD and SABR?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.54 over the last year and 0.40 over 5 years.
Is SABR a good diversifier for LSPD?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/lspd-vs-sabr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lspd-vs-sabr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LSPD correlations · SABR correlations
