LXFR vs TPST: Correlation
How closely do Luxfer Holdings PLC (LXFR) and Tempest Therapeutics, Inc. (TPST) trade together? Their weekly returns over three years give a correlation of -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LXFR and TPST?
On 3 years of weekly data the LXFR/TPST correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.15) than the 3-year average (-0.34). The 5-year figure is -0.28, and annualized covariance runs at -11718.2 %².
TPST is close to the least connected end of LXFR's tracked universe, ranking #9 of 11. The last year tells two different stories: LXFR led by 121.6 percentage points, +31.6% for LXFR against -90.0% for TPST. Risk is not evenly split, since TPST carries 17.8 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.
LXFR vs TPST: side by side
| LXFR (Luxfer Holdings PLC) | TPST (Tempest Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +31.6% | -90.0% |
| 5-year return | -1.2% | -99.4% |
| Volatility (ann.) | 44.1% | 782.8% |
| Beta vs S&P 500 | 0.97 | 1.97 |
| Max drawdown (3Y) | -42.1% | -99.3% |
| Market cap | $0.5B | – |
| P/E (trailing) | 35.0 | – |
| Dividend yield | 3.03% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LXFR | TPST |
|---|---|---|
| 2022 | -26.6% | -78.2% |
| 2023 | -32.3% | +282.6% |
| 2024 | +53.9% | -81.0% |
| 2025 | +7.8% | -73.6% |
| 2026 | +30.1% | -62.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LXFR and TPST good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between LXFR and TPST?
The LXFR/TPST correlation stands at -0.34 on a 3-year window (1 year: 0.15, 5 years: -0.28), computed from weekly returns as of 2026-08-27.
Is TPST a good diversifier for LXFR?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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.
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Related comparisons
Hubs: LXFR correlations · TPST correlations
