CLNN vs LRN: Correlation
Clene Inc. (CLNN) and Stride, Inc. (LRN) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLNN and LRN?
Over the past 3 years, CLNN and LRN moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.22). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -1344.3 %².
Out of 11 assets tracked against CLNN, LRN lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months CLNN outperformed by 32.9 percentage points (-16.9% for CLNN against -49.8% for LRN). Risk is not evenly split, since CLNN carries 2.1 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.
CLNN vs LRN: side by side
| CLNN (Clene Inc.) | LRN (Stride, Inc.) | |
|---|---|---|
| 1-year return | -16.9% | -49.8% |
| 5-year return | -97.1% | +147.2% |
| Volatility (ann.) | 111.8% | 54.4% |
| Beta vs S&P 500 | 1.72 | 0.26 |
| Max drawdown (3Y) | -84.4% | -64.1% |
| Market cap | $0.1B | $3.5B |
| P/E (trailing) | – | 11.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLNN | LRN |
|---|---|---|
| 2022 | -75.6% | -6.2% |
| 2023 | -70.0% | +89.8% |
| 2024 | -11.5% | +75.1% |
| 2025 | +10.5% | -37.5% |
| 2026 | -23.9% | +31.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLNN and LRN good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CLNN and LRN?
As of 2026-08-27, the correlation of weekly returns between CLNN and LRN is -0.22 over 3 years, -0.41 over 1 year and -0.12 over 5 years.
Is LRN a good diversifier for CLNN?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CLNN correlations · LRN correlations
