ARKR vs LNAI: Correlation
Ark Restaurants Corp. (ARKR) and Lunai Bioworks Inc. (LNAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKR and LNAI?
On 3 years of weekly data the ARKR/LNAI correlation comes out at 0.32, moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.32). The 5-year figure is 0.26, and annualized covariance runs at 2762.4 %².
Among the 14 assets we track against ARKR, LNAI ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ARKR outperformed by 65.8 percentage points (-22.8% for ARKR against -88.6% for LNAI). Risk is not evenly split, since LNAI carries 3.4 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.
ARKR vs LNAI: side by side
| ARKR (Ark Restaurants Corp.) | LNAI (Lunai Bioworks Inc.) | |
|---|---|---|
| 1-year return | -22.8% | -88.6% |
| 5-year return | -64.1% | -99.6% |
| Volatility (ann.) | 50.4% | 169.5% |
| Beta vs S&P 500 | 0.34 | 1.43 |
| Max drawdown (3Y) | -70.3% | -99.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARKR | LNAI |
|---|---|---|
| 2022 | +0.4% | -85.9% |
| 2023 | -11.5% | +207.8% |
| 2024 | -19.8% | -73.6% |
| 2025 | -39.0% | -89.4% |
| 2026 | -21.3% | -66.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKR and LNAI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARKR and LNAI?
As of 2026-08-27, the correlation of weekly returns between ARKR and LNAI is 0.32 over 3 years, 0.09 over 1 year and 0.26 over 5 years.
Is LNAI a good diversifier for ARKR?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/arkr-vs-lnai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arkr-vs-lnai/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARKR correlations · LNAI correlations
