LTRN vs ODYS: Correlation
Lantern Pharma Inc. (LTRN) and Odysight.ai Inc. (ODYS) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTRN and ODYS?
Over the past 3 years, LTRN and ODYS moved with a correlation of 0.29, which is weak. The link has loosened recently: the 1-year correlation (-0.08) runs below the 3-year figure (0.29). Over 5 years the correlation is 0.15, and the annualized covariance of weekly returns is 2602.0 %².
ODYS is close to the least connected end of LTRN's tracked universe, ranking #9 of 13. Their recent paths diverged sharply: over the last 12 months ODYS outperformed by 46.4 percentage points (-46.7% for LTRN against -0.3% for ODYS).
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.
LTRN vs ODYS: side by side
| LTRN (Lantern Pharma Inc.) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -46.7% | -0.3% |
| 5-year return | -84.2% | -63.1% |
| Volatility (ann.) | 104.8% | 85.6% |
| Beta vs S&P 500 | 2.39 | 0.24 |
| Max drawdown (3Y) | -89.5% | -71.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTRN | ODYS |
|---|---|---|
| 2022 | -24.3% | -37.5% |
| 2023 | -29.1% | -39.0% |
| 2024 | -25.5% | +162.3% |
| 2025 | -5.0% | -58.8% |
| 2026 | -28.7% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTRN and ODYS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LTRN and ODYS?
The LTRN/ODYS correlation stands at 0.29 on a 3-year window (1 year: -0.08, 5 years: 0.15), computed from weekly returns as of 2026-08-27.
Is ODYS a good diversifier for LTRN?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ltrn-vs-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ltrn-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LTRN correlations · ODYS correlations
