LTBR vs VSME: Correlation
How closely do Lightbridge Corporation (LTBR) and VS Media Holdings Limited - Class A (VSME) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTBR and VSME?
Over the past 3 years, LTBR and VSME moved with a correlation of 0.43, which is moderate. The past 12 months show a weaker link (0.16) than the 3-year average (0.43). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 10256.1 %².
By 3-year correlation, VSME places #11 of the 21 assets tracked against LTBR. The last year tells two different stories: LTBR led by 49.3 percentage points, -47.6% for LTBR against -96.9% for VSME. Risk is not evenly split, since VSME carries 1.9 times the volatility of the other side.
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 VSME: side by side
| LTBR (Lightbridge Corporation) | VSME (VS Media Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | -47.6% | -96.9% |
| 5-year return | +32.0% | n/a |
| Volatility (ann.) | 111.3% | 209.9% |
| Beta vs S&P 500 | 2.17 | 2.59 |
| Max drawdown (3Y) | -74.0% | -99.9% |
| 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 | VSME |
|---|---|---|
| 2022 | -41.3% | – |
| 2023 | -17.5% | – |
| 2024 | +47.4% | -50.9% |
| 2025 | +167.2% | -92.2% |
| 2026 | -35.4% | -46.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTBR and VSME good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LTBR and VSME?
The LTBR/VSME correlation stands at 0.43 on a 3-year window (1 year: 0.16, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VSME a good diversifier for LTBR?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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-vsme.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltbr-vs-vsme/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LTBR correlations · VSME correlations
