LTBR vs TVGN: Correlation
How closely do Lightbridge Corporation (LTBR) and Tevogen Inc. (TVGN) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTBR and TVGN?
Over the past 3 years, LTBR and TVGN moved with a correlation of 0.56, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.17 versus 0.56 over 3 years. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 15170.2 %².
Within LTBR's tracked universe of 21 assets, TVGN comes in at #5 by 3-year correlation. The last year tells two different stories: LTBR led by 37.7 percentage points, -47.6% for LTBR against -85.3% for TVGN. One caveat on sizing: TVGN is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 TVGN: side by side
| LTBR (Lightbridge Corporation) | TVGN (Tevogen Inc.) | |
|---|---|---|
| 1-year return | -47.6% | -85.3% |
| 5-year return | +32.0% | -98.6% |
| Volatility (ann.) | 111.3% | 242.2% |
| Beta vs S&P 500 | 2.17 | 0.66 |
| Max drawdown (3Y) | -74.0% | -99.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTBR | TVGN |
|---|---|---|
| 2022 | -41.3% | – |
| 2023 | -17.5% | +7.7% |
| 2024 | +47.4% | -90.7% |
| 2025 | +167.2% | -67.9% |
| 2026 | -35.4% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTBR and TVGN good diversifiers for each other?
Only partially. A correlation of 0.56 means LTBR and TVGN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LTBR and TVGN?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.17 over the last year and 0.51 over 5 years.
Is TVGN a good diversifier for LTBR?
Only partially. A correlation of 0.56 means LTBR and TVGN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ltbr-vs-tvgn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltbr-vs-tvgn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LTBR correlations · TVGN correlations
