LTBR vs SLMT: Correlation
Measured on weekly returns over the past three years, Lightbridge Corporation (LTBR) and Brera Holdings PLC - Class B (SLMT) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTBR and SLMT?
On 3 years of weekly data the LTBR/SLMT correlation comes out at 0.42, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.42 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 6517.3 %².
Among the 21 assets we track against LTBR, SLMT ranks #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LTBR ahead by 45.1 points (-47.6% versus -92.7%).
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 SLMT: side by side
| LTBR (Lightbridge Corporation) | SLMT (Brera Holdings PLC - Class B) | |
|---|---|---|
| 1-year return | -47.6% | -92.7% |
| 5-year return | +32.0% | n/a |
| Volatility (ann.) | 111.3% | 139.8% |
| Beta vs S&P 500 | 2.17 | 1.66 |
| Max drawdown (3Y) | -74.0% | -98.8% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTBR | SLMT |
|---|---|---|
| 2022 | -41.3% | – |
| 2023 | -17.5% | – |
| 2024 | +47.4% | +25.5% |
| 2025 | +167.2% | -77.3% |
| 2026 | -35.4% | -75.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTBR and SLMT good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LTBR and SLMT?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.62 over the last year and n/a over 5 years.
Is SLMT a good diversifier for LTBR?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: LTBR correlations · SLMT correlations
