ANNA vs LVS: Correlation
Measured on weekly returns over the past three years, AleAnna, Inc. (ANNA) and Las Vegas Sands (LVS) carry a correlation of -0.16, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and LVS?
On 3 years of weekly data the ANNA/LVS correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is -0.12, and annualized covariance runs at -487.3 %².
Within ANNA's tracked universe of 103 assets, LVS comes in at #21 by 3-year correlation. On 12-month performance LVS holds a 14.0-point edge, -34.3% against -20.3%. Risk is not evenly split, since ANNA carries 2.5 times the volatility of the other side.
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 LVS: side by side
| ANNA (AleAnna, Inc.) | LVS (Las Vegas Sands) | |
|---|---|---|
| 1-year return | -34.3% | -20.3% |
| 5-year return | -71.7% | +8.5% |
| Volatility (ann.) | 88.7% | 34.8% |
| Beta vs S&P 500 | -0.92 | 0.75 |
| Max drawdown (3Y) | -86.3% | -44.0% |
| Market cap | $0.1B | $28.7B |
| P/E (trailing) | 14.7 | 17.1 |
| Dividend yield | 0.00% | 2.49% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ANNA | LVS |
|---|---|---|
| 2022 | – | +27.7% |
| 2023 | +7.3% | +3.1% |
| 2024 | -37.6% | +6.2% |
| 2025 | -57.6% | +29.5% |
| 2026 | -3.0% | -30.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and LVS good diversifiers for each other?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANNA and LVS?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with -0.16 over the last year and -0.12 over 5 years.
Is LVS a good diversifier for ANNA?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.16 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
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-lvs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-lvs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · LVS correlations
