CGEN vs LIEN: Correlation
Compugen Ltd. (CGEN) and Chicago Atlantic BDC, Inc. (LIEN) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGEN and LIEN?
Across a 3-year window, the weekly returns of CGEN and LIEN correlate at -0.16, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.03) than the 3-year average (-0.16). Stretching to 5 years gives -0.10, with an annualized covariance of -416.1 %².
LIEN is close to the least connected end of CGEN's tracked universe, ranking #16 of 18. Correlation aside, the last 12 months split them widely, with CGEN ahead by 82.6 points (+87.8% versus +5.2%). Note the risk asymmetry: CGEN runs 3.6 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.
CGEN vs LIEN: side by side
| CGEN (Compugen Ltd.) | LIEN (Chicago Atlantic BDC, Inc.) | |
|---|---|---|
| 1-year return | +87.8% | +5.2% |
| 5-year return | -59.2% | +11.0% |
| Volatility (ann.) | 95.6% | 26.5% |
| Beta vs S&P 500 | 1.63 | 0.23 |
| Max drawdown (3Y) | -60.0% | -22.5% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 7.3 | 7.3 |
| Dividend yield | 0.00% | 13.40% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGEN | LIEN |
|---|---|---|
| 2022 | -83.3% | – |
| 2023 | +175.0% | -1.1% |
| 2024 | -22.7% | +58.6% |
| 2025 | +0.0% | -4.0% |
| 2026 | +80.4% | +5.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGEN and LIEN good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between CGEN and LIEN?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with 0.03 over the last year and -0.10 over 5 years.
Is LIEN a good diversifier for CGEN?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
A reading of -0.16 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/cgen-vs-lien.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cgen-vs-lien/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CGEN correlations · LIEN correlations
