ANNA vs GLNG: Correlation
AleAnna, Inc. (ANNA) and Golar LNG Limited (GLNG) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and GLNG?
Over the past 3 years, ANNA and GLNG moved with a correlation of 0.35, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.35 over 3 years. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 1158.7 %².
Within ANNA's tracked universe of 103 assets, GLNG comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GLNG outperformed by 52.0 percentage points (-34.3% for ANNA against +17.7% for GLNG). One caveat on sizing: ANNA is 2.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ANNA vs GLNG: side by side
| ANNA (AleAnna, Inc.) | GLNG (Golar LNG Limited) | |
|---|---|---|
| 1-year return | -34.3% | +17.7% |
| 5-year return | -71.7% | +415.5% |
| Volatility (ann.) | 88.7% | 37.5% |
| Beta vs S&P 500 | -0.92 | 0.88 |
| Max drawdown (3Y) | -86.3% | -29.4% |
| Market cap | $0.1B | $5.3B |
| P/E (trailing) | 14.7 | 35.3 |
| Dividend yield | 0.00% | 1.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | GLNG |
|---|---|---|
| 2022 | – | +83.9% |
| 2023 | +7.3% | +4.4% |
| 2024 | -37.6% | +90.8% |
| 2025 | -57.6% | -9.7% |
| 2026 | -3.0% | +40.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and GLNG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ANNA and GLNG?
The ANNA/GLNG correlation stands at 0.35 on a 3-year window (1 year: 0.64, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is GLNG a good diversifier for ANNA?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/anna-vs-glng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-glng/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · GLNG correlations
