LYFT vs SKIN: Correlation
Lyft, Inc. (LYFT) and SkinHealth Systems Inc. (SKIN) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LYFT and SKIN?
Over the past 3 years, LYFT and SKIN moved with a correlation of 0.42, which is moderate. The link has loosened recently: the 1-year correlation (0.21) runs below the 3-year figure (0.42). Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 2376.8 %².
Among the 13 assets we track against LYFT, SKIN ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LYFT outperformed by 73.1 percentage points (+6.8% for LYFT against -66.3% for SKIN).
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.
LYFT vs SKIN: side by side
| LYFT (Lyft, Inc.) | SKIN (SkinHealth Systems Inc.) | |
|---|---|---|
| 1-year return | +6.8% | -66.3% |
| 5-year return | -63.2% | -97.2% |
| Volatility (ann.) | 61.8% | 91.5% |
| Beta vs S&P 500 | 1.77 | 1.76 |
| Max drawdown (3Y) | -55.2% | -91.4% |
| Market cap | $6.6B | $0.1B |
| P/E (trailing) | 2.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LYFT | SKIN |
|---|---|---|
| 2022 | -74.2% | -62.3% |
| 2023 | +36.0% | -65.8% |
| 2024 | -13.9% | -48.9% |
| 2025 | +50.2% | -12.6% |
| 2026 | -10.4% | -50.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LYFT and SKIN good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LYFT and SKIN?
The LYFT/SKIN correlation stands at 0.42 on a 3-year window (1 year: 0.21, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is SKIN a good diversifier for LYFT?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lyft-vs-skin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lyft-vs-skin/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LYFT correlations · SKIN correlations
