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ABLV vs LICN: Correlation

Measured on weekly returns over the past three years, Able View Global Inc. - Class B (ABLV) and Lichen International Limited - Class A (LICN) carry a correlation of 0.73, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.73
strong
Correlation (1Y)
0.28
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
820715.0
%² · weekly, annualized

How correlated are ABLV and LICN?

On 3 years of weekly data the ABLV/LICN correlation comes out at 0.73, strong. Lately the two have drifted apart, with the 1-year correlation at 0.28 versus 0.73 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 820715.0 %².

Few assets follow ABLV as closely as LICN, which ranks #1 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months ABLV outperformed by 95.9 percentage points (+21.2% for ABLV against -74.7% for LICN). Note the risk asymmetry: LICN runs 64.4 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.

ABLV vs LICN: side by side

ABLV (Able View Global Inc. - Class B)LICN (Lichen International Limited - Class A)
1-year return+21.2%-74.7%
5-year returnn/an/a
Volatility (ann.)132.4%8528.0%
Beta vs S&P 5000.43-80.22
Max drawdown (3Y)-88.1%-98.4%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ABLV -88.1% vs -98.4%
-81%0%+61%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ABLV · LICN

Year-by-year returns

YearABLVLICN
2023-73.5%
2024-72.3%-91.0%
2025-9.6%+1484.3%
2026+52.4%-56.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ABLV and LICN good diversifiers for each other?

Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between ABLV and LICN?

Using weekly returns as of 2026-08-27: 0.73 over 3 years, with 0.28 over the last year and n/a over 5 years.

Is LICN a good diversifier for ABLV?

Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.73 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ablv-vs-licn.json

ABLV vs LICN: 3-year weekly correlation 0.73ABLV vs LICN0.73

Drop this badge in a README or notebook; it updates with the data:

[![ABLV vs LICN correlation](https://www.pairbook.io/api/v1/badge/ablv-vs-licn.svg)](https://www.pairbook.io/pair/ablv-vs-licn/)

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Related comparisons

Hubs: ABLV correlations · LICN correlations