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
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 500 | 2.17 | 1.98 |
| Max drawdown (3Y) | -74.0% | -75.1% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTBR | PRQR |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/ltbr-vs-prqr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltbr-vs-prqr/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: LTBR correlations · PRQR correlations