BKR vs LANV: Correlation
Baker Hughes (BKR) and Lanvin Group Holdings Limited (LANV) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKR and LANV?
Across a 3-year window, the weekly returns of BKR and LANV correlate at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. Stretching to 5 years gives -0.13, with an annualized covariance of -505.3 %².
Among the 30 assets we track against BKR, LANV sits near the bottom by co-movement, at rank #28. Correlation aside, the last 12 months split them widely, with BKR ahead by 91.4 points (+40.9% versus -50.5%). Note the risk asymmetry: LANV runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BKR vs LANV: side by side
| BKR (Baker Hughes) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +40.9% | -50.5% |
| 5-year return | +205.5% | -89.7% |
| Volatility (ann.) | 32.2% | 69.7% |
| Beta vs S&P 500 | 0.61 | -0.15 |
| Max drawdown (3Y) | -28.0% | -78.6% |
| Market cap | $61.7B | $0.1B |
| P/E (trailing) | 19.9 | – |
| Dividend yield | 1.48% | 0.00% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | BKR | LANV |
|---|---|---|
| 2022 | +26.0% | -6.1% |
| 2023 | +18.6% | -67.7% |
| 2024 | +23.1% | -31.9% |
| 2025 | +13.4% | +0.0% |
| 2026 | +37.9% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKR and LANV good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BKR and LANV?
As of 2026-08-27, the correlation of weekly returns between BKR and LANV is -0.23 over 3 years, -0.32 over 1 year and -0.13 over 5 years.
Is LANV a good diversifier for BKR?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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/bkr-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkr-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BKR correlations · LANV correlations
