LZB vs PSIG: Correlation
La-Z-Boy Incorporated (LZB) and PS International Group Ltd. (PSIG) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LZB and PSIG?
Over the past 3 years, LZB and PSIG moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.37 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1467.9 %².
PSIG is close to the least connected end of LZB's tracked universe, ranking #13 of 14. The last year tells two different stories: LZB led by 45.0 percentage points, -8.9% for LZB against -53.9% for PSIG. Note the risk asymmetry: PSIG runs 4.7 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.
LZB vs PSIG: side by side
| LZB (La-Z-Boy Incorporated) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -8.9% | -53.9% |
| 5-year return | +3.8% | n/a |
| Volatility (ann.) | 33.7% | 157.0% |
| Beta vs S&P 500 | 0.78 | 0.97 |
| Max drawdown (3Y) | -37.9% | -96.0% |
| Market cap | $1.3B | – |
| P/E (trailing) | 16.4 | – |
| Dividend yield | 2.93% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LZB | PSIG |
|---|---|---|
| 2022 | -35.5% | – |
| 2023 | +65.7% | – |
| 2024 | +20.4% | – |
| 2025 | -12.5% | +8.3% |
| 2026 | -11.0% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LZB and PSIG good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between LZB and PSIG?
The LZB/PSIG correlation stands at -0.28 on a 3-year window (1 year: -0.37, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PSIG a good diversifier for LZB?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/lzb-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lzb-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LZB correlations · PSIG correlations
