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LTBR vs PRQR: Correlation

How closely do Lightbridge Corporation (LTBR) and ProQR Therapeutics N.V. (PRQR) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.57
moderate
Correlation (1Y)
0.23
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
6640.0
%² · weekly, annualized

How correlated are LTBR and PRQR?

Across a 3-year window, the weekly returns of LTBR and PRQR correlate at 0.57, moderate. The past 12 months show a weaker link (0.23) than the 3-year average (0.57). Stretching to 5 years gives 0.32, with an annualized covariance of 6640.0 %².

Few assets follow LTBR as closely as PRQR, which ranks #3 of 21 tracked partners. Correlation aside, the last 12 months split them widely, with PRQR ahead by 52.6 points (-47.6% versus +5.0%).

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.

LTBR vs PRQR: side by side

LTBR (Lightbridge Corporation)PRQR (ProQR Therapeutics N.V.)
1-year return-47.6%+5.0%
5-year return+32.0%-64.2%
Volatility (ann.)111.3%104.9%
Beta vs S&P 5002.171.98
Max drawdown (3Y)-74.0%-75.1%
Market cap$0.3B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LTBR -74.0% vs -75.1%Higher 5y return: LTBR +32.0% vs -64.2%
-49%0%+88%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. LTBR · PRQR

Year-by-year returns

YearLTBRPRQR
2022-41.3%-53.8%
2023-17.5%-46.5%
2024+47.4%+33.8%
2025+167.2%-23.8%
2026-35.4%+14.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LTBR and PRQR good diversifiers for each other?

To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between LTBR and PRQR?

As of 2026-08-27, the correlation of weekly returns between LTBR and PRQR is 0.57 over 3 years, 0.23 over 1 year and 0.32 over 5 years.

Is PRQR a good diversifier for LTBR?

To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.57 mean?

A reading of 0.57 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ltbr-vs-prqr.json

LTBR vs PRQR: 3-year weekly correlation 0.57LTBR vs PRQR0.57

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Related comparisons

Hubs: LTBR correlations · PRQR correlations