BLBD vs LANV: Correlation
Measured on weekly returns over the past three years, Blue Bird Corporation (BLBD) and Lanvin Group Holdings Limited (LANV) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLBD and LANV?
Across a 3-year window, the weekly returns of BLBD and LANV correlate at -0.27, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.13) runs above the 3-year figure (-0.27). Stretching to 5 years gives -0.12, with an annualized covariance of -952.9 %².
Among the 12 assets we track against BLBD, LANV sits near the bottom by co-movement, at rank #10. The last year tells two different stories: BLBD led by 53.5 percentage points, +3.0% for BLBD against -50.5% for LANV.
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.
BLBD vs LANV: side by side
| BLBD (Blue Bird Corporation) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +3.0% | -50.5% |
| 5-year return | +182.6% | -89.7% |
| Volatility (ann.) | 49.8% | 69.7% |
| Beta vs S&P 500 | 0.95 | -0.15 |
| Max drawdown (3Y) | -45.9% | -78.6% |
| Market cap | $1.9B | $0.1B |
| P/E (trailing) | 7.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLBD | LANV |
|---|---|---|
| 2022 | -31.5% | -6.1% |
| 2023 | +151.7% | -67.7% |
| 2024 | +43.3% | -31.9% |
| 2025 | +21.7% | +0.0% |
| 2026 | +27.5% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLBD and LANV good diversifiers for each other?
Yes. With a correlation of -0.27, BLBD and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BLBD and LANV?
The BLBD/LANV correlation stands at -0.27 on a 3-year window (1 year: -0.13, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is LANV a good diversifier for BLBD?
Yes. With a correlation of -0.27, BLBD and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 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/blbd-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/blbd-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLBD correlations · LANV correlations
