DLPN vs IVA: Correlation
How closely do Dolphin Entertainment, Inc. (DLPN) and Inventiva S.A. - American Depository Shares (IVA) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLPN and IVA?
On 3 years of weekly data the DLPN/IVA correlation comes out at 0.31, moderate. Recent behaviour matches the longer record: 0.29 over 1 year against 0.31 over 3. The 5-year figure is 0.26, and annualized covariance runs at 1164.1 %².
By 3-year correlation, IVA places #7 of the 12 assets tracked against DLPN. The trailing year gives DLPN the advantage: +0.0% versus -6.3%, a 6.3-point spread.
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.
DLPN vs IVA: side by side
| DLPN (Dolphin Entertainment, Inc.) | IVA (Inventiva S.A. - American Depository Shares) | |
|---|---|---|
| 1-year return | +0.0% | -6.3% |
| 5-year return | -95.5% | -60.4% |
| Volatility (ann.) | 54.2% | 69.9% |
| Beta vs S&P 500 | 1.10 | 0.38 |
| Max drawdown (3Y) | -78.8% | -64.9% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DLPN | IVA |
|---|---|---|
| 2022 | -78.8% | -67.3% |
| 2023 | -5.5% | +1.3% |
| 2024 | -68.7% | -52.6% |
| 2025 | +45.8% | +117.3% |
| 2026 | -24.4% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLPN and IVA good diversifiers for each other?
Reasonably. At 0.31, DLPN and IVA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DLPN and IVA?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.29 over the last year and 0.26 over 5 years.
Is IVA a good diversifier for DLPN?
Reasonably. At 0.31, DLPN and IVA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dlpn-vs-iva.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dlpn-vs-iva/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DLPN correlations · IVA correlations
