ALLE vs LANV: Correlation
Measured on weekly returns over the past three years, Allegion (ALLE) and Lanvin Group Holdings Limited (LANV) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLE and LANV?
On 3 years of weekly data the ALLE/LANV correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.20 over 3. The 5-year figure is -0.12, and annualized covariance runs at -339.9 %².
Within ALLE's tracked universe of 33 assets, LANV comes in at #27 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ALLE outperformed by 44.1 percentage points (-6.4% for ALLE against -50.5% for LANV). Note the risk asymmetry: LANV runs 2.9 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.
ALLE vs LANV: side by side
| ALLE (Allegion) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | -6.4% | -50.5% |
| 5-year return | +19.4% | -89.7% |
| Volatility (ann.) | 24.3% | 69.7% |
| Beta vs S&P 500 | 0.60 | -0.15 |
| Max drawdown (3Y) | -29.8% | -78.6% |
| Market cap | $13.6B | $0.1B |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 1.32% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | ALLE | LANV |
|---|---|---|
| 2022 | -19.3% | -6.1% |
| 2023 | +22.3% | -67.7% |
| 2024 | +4.7% | -31.9% |
| 2025 | +22.8% | +0.0% |
| 2026 | +1.1% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLE and LANV good diversifiers for each other?
Yes. With a correlation of -0.20, ALLE and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ALLE and LANV?
As of 2026-08-27, the correlation of weekly returns between ALLE and LANV is -0.20 over 3 years, -0.21 over 1 year and -0.12 over 5 years.
Is LANV a good diversifier for ALLE?
Yes. With a correlation of -0.20, ALLE and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/alle-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alle-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALLE correlations · LANV correlations
