FLNA vs LUMN: Correlation
Filana Therapeutics, Inc. (FLNA) and Lumen Technologies, Inc. (LUMN) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLNA and LUMN?
Over the past 3 years, FLNA and LUMN moved with a correlation of 0.28, which is weak. The past 12 months show a weaker link (0.07) than the 3-year average (0.28). Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 3103.3 %².
Within FLNA's tracked universe of 16 assets, LUMN comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LUMN ahead by 76.5 points (-60.0% versus +16.5%).
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.
FLNA vs LUMN: side by side
| FLNA (Filana Therapeutics, Inc.) | LUMN (Lumen Technologies, Inc.) | |
|---|---|---|
| 1-year return | -60.0% | +16.5% |
| 5-year return | -98.3% | -44.0% |
| Volatility (ann.) | 115.4% | 95.4% |
| Beta vs S&P 500 | 0.88 | 0.90 |
| Max drawdown (3Y) | -97.5% | -69.7% |
| Market cap | – | $6.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLNA | LUMN |
|---|---|---|
| 2022 | -32.4% | -55.5% |
| 2023 | -23.8% | -64.9% |
| 2024 | -89.5% | +190.2% |
| 2025 | -16.1% | +46.3% |
| 2026 | -53.4% | -21.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLNA and LUMN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FLNA and LUMN?
As of 2026-08-27, the correlation of weekly returns between FLNA and LUMN is 0.28 over 3 years, 0.07 over 1 year and 0.26 over 5 years.
Is LUMN a good diversifier for FLNA?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 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/flna-vs-lumn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/flna-vs-lumn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FLNA correlations · LUMN correlations
