CION vs LPSN: Correlation
How closely do CION Investment Corporation (CION) and LivePerson, Inc. (LPSN) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CION and LPSN?
On 3 years of weekly data the CION/LPSN correlation comes out at 0.42, moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.42). The 5-year figure is 0.36, and annualized covariance runs at 1328.5 %².
Among the 22 assets we track against CION, LPSN ranks #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CION outperformed by 65.2 percentage points (-17.7% for CION against -82.9% for LPSN). Risk is not evenly split, since LPSN carries 3.5 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.
CION vs LPSN: side by side
| CION (CION Investment Corporation) | LPSN (LivePerson, Inc.) | |
|---|---|---|
| 1-year return | -17.7% | -82.9% |
| 5-year return | +26.2% | -99.7% |
| Volatility (ann.) | 30.2% | 105.2% |
| Beta vs S&P 500 | 0.86 | 2.05 |
| Max drawdown (3Y) | -40.3% | -97.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 123.5 | – |
| Dividend yield | 17.98% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CION | LPSN |
|---|---|---|
| 2022 | -14.8% | -71.6% |
| 2023 | +35.4% | -62.6% |
| 2024 | +14.8% | -59.9% |
| 2025 | -2.3% | -83.0% |
| 2026 | -14.6% | -27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CION and LPSN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CION and LPSN?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.63 over the last year and 0.36 over 5 years.
Is LPSN a good diversifier for CION?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 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/cion-vs-lpsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cion-vs-lpsn/)
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Related comparisons
Hubs: CION correlations · LPSN correlations
