LUCY vs PRTH: Correlation
How closely do Innovative Eyewear, Inc. (LUCY) and Priority Technology Holdings, Inc. (PRTH) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LUCY and PRTH?
Across a 3-year window, the weekly returns of LUCY and PRTH correlate at 0.30, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.17 versus 0.30 over 3 years. Stretching to 5 years gives 0.22, with an annualized covariance of 5469.5 %².
Among the 16 assets we track against LUCY, PRTH ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PRTH ahead by 16.6 points (-51.7% versus -35.1%). Note the risk asymmetry: LUCY runs 3.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
LUCY vs PRTH: side by side
| LUCY (Innovative Eyewear, Inc.) | PRTH (Priority Technology Holdings, Inc.) | |
|---|---|---|
| 1-year return | -51.7% | -35.1% |
| 5-year return | n/a | -9.8% |
| Volatility (ann.) | 259.2% | 70.7% |
| Beta vs S&P 500 | 1.73 | 1.52 |
| Max drawdown (3Y) | -96.7% | -62.2% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LUCY | PRTH |
|---|---|---|
| 2022 | – | -25.7% |
| 2023 | -69.2% | -32.3% |
| 2024 | -41.7% | +230.1% |
| 2025 | -79.7% | -53.6% |
| 2026 | -5.6% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LUCY and PRTH good diversifiers for each other?
Reasonably. At 0.30, LUCY and PRTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LUCY and PRTH?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.17 over the last year and 0.22 over 5 years.
Is PRTH a good diversifier for LUCY?
Reasonably. At 0.30, LUCY and PRTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 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/lucy-vs-prth.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lucy-vs-prth/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LUCY correlations · PRTH correlations
