ANNA vs LAND: Correlation
How closely do AleAnna, Inc. (ANNA) and Gl (LAND) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and LAND?
Across a 3-year window, the weekly returns of ANNA and LAND correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Stretching to 5 years gives -0.13, with an annualized covariance of -465.4 %².
By 3-year correlation, LAND places #56 of the 103 assets tracked against ANNA. Their recent paths diverged sharply: over the last 12 months LAND outperformed by 37.4 percentage points (-34.3% for ANNA against +3.1% for LAND). One caveat on sizing: ANNA is 3.3 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 LAND: side by side
| ANNA (AleAnna, Inc.) | LAND (Gl) | |
|---|---|---|
| 1-year return | -34.3% | +3.1% |
| 5-year return | -71.7% | -53.7% |
| Volatility (ann.) | 88.7% | 26.6% |
| Beta vs S&P 500 | -0.92 | 0.52 |
| Max drawdown (3Y) | -86.3% | -41.6% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 6.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | LAND |
|---|---|---|
| 2022 | – | -44.4% |
| 2023 | +7.3% | -18.5% |
| 2024 | -37.6% | -21.6% |
| 2025 | -57.6% | -10.7% |
| 2026 | -3.0% | +0.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and LAND good diversifiers for each other?
Yes. With a correlation of -0.20, ANNA and LAND have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and LAND?
As of 2026-08-27, the correlation of weekly returns between ANNA and LAND is -0.20 over 3 years, -0.29 over 1 year and -0.13 over 5 years.
Is LAND a good diversifier for ANNA?
Yes. With a correlation of -0.20, ANNA and LAND 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/anna-vs-land.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-land/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · LAND correlations
