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LTBR vs VS: Correlation

How closely do Lightbridge Corporation (LTBR) and Versus Systems Inc. (VS) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.

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

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.07
last 12 months
Correlation (5Y)
0.38
long-run
Ann. covariance
7513.2
%² · weekly, annualized

How correlated are LTBR and VS?

Across a 3-year window, the weekly returns of LTBR and VS correlate at 0.49, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.07 versus 0.49 over 3 years. Stretching to 5 years gives 0.38, with an annualized covariance of 7513.2 %².

Among the 21 assets we track against LTBR, VS ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VS ahead by 19.0 points (-47.6% versus -28.6%).

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 VS: side by side

LTBR (Lightbridge Corporation)VS (Versus Systems Inc.)
1-year return-47.6%-28.6%
5-year return+32.0%-99.9%
Volatility (ann.)111.3%136.9%
Beta vs S&P 5002.171.57
Max drawdown (3Y)-74.0%-84.8%
Market cap$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LTBR -74.0% vs -84.8%Higher 5y return: LTBR +32.0% vs -99.9%
-57%0%+88%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. LTBR · VS

Year-by-year returns

YearLTBRVS
2022-41.3%-98.5%
2023-17.5%-61.0%
2024+47.4%-27.4%
2025+167.2%-44.7%
2026-35.4%+12.5%

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

Are LTBR and VS good diversifiers for each other?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LTBR and VS?

The LTBR/VS correlation stands at 0.49 on a 3-year window (1 year: 0.07, 5 years: 0.38), computed from weekly returns as of 2026-08-27.

Is VS a good diversifier for LTBR?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.49 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

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

LTBR vs VS: 3-year weekly correlation 0.49LTBR vs VS0.49

Drop this badge in a README or notebook; it updates with the data:

[![LTBR vs VS correlation](https://www.pairbook.io/api/v1/badge/ltbr-vs-vs.svg)](https://www.pairbook.io/pair/ltbr-vs-vs/)

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Related comparisons

Hubs: LTBR correlations · VS correlations