LTRX vs SKYA: Correlation
Lantronix, Inc. (LTRX) and SkyAI, Inc. (SKYA) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTRX and SKYA?
Over the past 3 years, LTRX and SKYA moved with a correlation of 0.32, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 3139.1 %².
By 3-year correlation, SKYA places #6 of the 11 assets tracked against LTRX. Their recent paths diverged sharply: over the last 12 months LTRX outperformed by 152.6 percentage points (+62.5% for LTRX against -90.1% for SKYA). Risk is not evenly split, since SKYA carries 2.1 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.
LTRX vs SKYA: side by side
| LTRX (Lantronix, Inc.) | SKYA (SkyAI, Inc.) | |
|---|---|---|
| 1-year return | +62.5% | -90.1% |
| 5-year return | +0.0% | -100.0% |
| Volatility (ann.) | 68.2% | 144.3% |
| Beta vs S&P 500 | 1.12 | 1.21 |
| Max drawdown (3Y) | -71.7% | -100.0% |
| 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 | LTRX | SKYA |
|---|---|---|
| 2022 | -44.8% | – |
| 2023 | +35.6% | -65.6% |
| 2024 | -29.7% | -77.5% |
| 2025 | +42.2% | -99.7% |
| 2026 | +2.9% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTRX and SKYA good diversifiers for each other?
Reasonably. At 0.32, LTRX and SKYA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LTRX and SKYA?
As of 2026-08-27, the correlation of weekly returns between LTRX and SKYA is 0.32 over 3 years, 0.30 over 1 year and 0.30 over 5 years.
Is SKYA a good diversifier for LTRX?
Reasonably. At 0.32, LTRX and SKYA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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/ltrx-vs-skya.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltrx-vs-skya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LTRX correlations · SKYA correlations
