Lightbridge Corp Correlations

LTBR Stock

USD 13.04 0.42 3.33%

The current 90-days correlation between Lightbridge Corp and Ads Tec Energy is 0.05 (i.e., Significant diversification). The correlation of Lightbridge Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Lightbridge Corp Correlation With Market

Good diversification

The correlation between Lightbridge Corp and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lightbridge Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Lightbridge Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightbridge Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Lightbridge Stock, please use our How to Invest in Lightbridge Corp guide.

Moving together with Lightbridge Stock

0.65

STN

Stantec

Pair Corr

Moving against Lightbridge Stock

0.41

NCI

Neo Concept Internat Buyout Trend

Pair Corr

Related Correlations Analysis

	ADSE	EH	KE	TE	VSTS	RYI	RR	KRNT	ASPN	NX
ADSE		0.0	0.59	0.38	0.26	0.26	0.52	0.18	-0.02	-0.03	ADSE
EH	0.0		0.35	-0.44	-0.67	-0.62	0.2	-0.39	0.09	-0.68	EH
KE	0.59	0.35		0.28	-0.15	0.12	0.61	-0.25	0.19	-0.16	KE
TE	0.38	-0.44	0.28		0.48	0.9	0.4	0.42	0.33	0.78	TE
VSTS	0.26	-0.67	-0.15	0.48		0.61	0.06	0.7	0.12	0.67	VSTS
RYI	0.26	-0.62	0.12	0.9	0.61		0.22	0.56	0.32	0.9	RYI
RR	0.52	0.2	0.61	0.4	0.06	0.22		-0.1	0.53	0.07	RR
KRNT	0.18	-0.39	-0.25	0.42	0.7	0.56	-0.1		0.05	0.58	KRNT
ASPN	-0.02	0.09	0.19	0.33	0.12	0.32	0.53	0.05		0.39	ASPN
NX	-0.03	-0.68	-0.16	0.78	0.67	0.9	0.07	0.58	0.39		NX
	ADSE	EH	KE	TE	VSTS	RYI	RR	KRNT	ASPN	NX

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

RYI	+ 0.9	TE
NX	+ 0.9	RYI
NX	+ 0.78	TE
KRNT	+ 0.7	VSTS
NX	+ 0.67	VSTS
RR	+ 0.61	KE

High negative correlations

NX	- 0.68	EH
VSTS	- 0.67	EH
RYI	- 0.62	EH
TE	- 0.44	EH
KRNT	- 0.39	EH
KRNT	- 0.25	KE

Risk-Adjusted Indicators

There is a big difference between Lightbridge Stock performing well and Lightbridge Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lightbridge Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ADSE	2.42	0.08	0.01	0.34	2.88	(2.77)	5.22	(4.65)	18.67
EH	2.14	(0.58)	0.00	(0.31)	0.00	0.00	5.77	(4.97)	17.58
KE	2.37	(0.33)	0.00	(0.06)	0.00	0.00	4.59	(4.20)	28.86
TE	6.57	0.66	0.10	0.51	6.28	(7.99)	14.09	(9.34)	32.33
VSTS	2.92	0.53	0.14	0.47	3.59	(3.12)	6.71	(6.44)	21.20
RYI	2.04	0.38	0.14	0.34	2.20	(2.15)	4.87	(3.56)	11.69
RR	6.46	(0.17)	(0.01)	0.00	7.00	(7.91)	12.95	(11.97)	65.49
KRNT	2.12	0.28	0.13	0.26	2.03	(2.62)	4.27	(4.32)	26.06
ASPN	2.93	(0.13)	(0.01)	0.00	3.70	(2.95)	6.01	(6.38)	18.76
NX	1.98	0.71	0.31	0.47	1.81	(2.31)	6.18	(2.84)	14.57

Lightbridge Corp Corporate Management

Andrey Mushakov	Executive VP of International Nuclear Operations	Profile
Barbara Kanakry	Controller	Profile
Joel Grae	CoFounder	Profile
Darla Bond	Human Manager	Profile
CPA CIA	PartTime Consultant	Profile
Sherrie Holloway	Controller	Profile
Lawrence CPA	Treasurer CFO	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC