AZ vs LGVN: Correlation
A2Z Cust2Mate Solutions Corp. (AZ) and Longeveron Inc. (LGVN) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZ and LGVN?
Over the past 3 years, AZ and LGVN moved with a correlation of 0.34, which is moderate. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.34). Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 6100.4 %².
Within AZ's tracked universe of 11 assets, LGVN comes in at #6 by 3-year correlation. Over the last 12 months LGVN came out ahead by 8.3 percentage points (-25.5% against -17.2%). One caveat on sizing: LGVN is 1.9 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.
AZ vs LGVN: side by side
| AZ (A2Z Cust2Mate Solutions Corp.) | LGVN (Longeveron Inc.) | |
|---|---|---|
| 1-year return | -25.5% | -17.2% |
| 5-year return | -49.4% | -98.0% |
| Volatility (ann.) | 97.5% | 182.2% |
| Beta vs S&P 500 | 1.35 | 1.24 |
| Max drawdown (3Y) | -85.0% | -98.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZ | LGVN |
|---|---|---|
| 2022 | -88.3% | -73.3% |
| 2023 | +7.9% | -57.8% |
| 2024 | +93.3% | -87.3% |
| 2025 | -1.7% | -70.8% |
| 2026 | +1.8% | +34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZ and LGVN good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AZ and LGVN?
The AZ/LGVN correlation stands at 0.34 on a 3-year window (1 year: 0.23, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is LGVN a good diversifier for AZ?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 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/az-vs-lgvn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/az-vs-lgvn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZ correlations · LGVN correlations
