GASS vs LGVN: Correlation
StealthGas, Inc. (GASS) and Longeveron Inc. (LGVN) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GASS and LGVN?
Over the past 3 years, GASS and LGVN moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.38 versus -0.21 over 3 years. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -1552.3 %².
Among the 11 assets we track against GASS, LGVN sits near the bottom by co-movement, at rank #10. The last year tells two different stories: GASS led by 41.0 percentage points, +23.8% for GASS against -17.2% for LGVN. One caveat on sizing: LGVN is 4.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GASS vs LGVN: side by side
| GASS (StealthGas, Inc.) | LGVN (Longeveron Inc.) | |
|---|---|---|
| 1-year return | +23.8% | -17.2% |
| 5-year return | +247.3% | -98.0% |
| Volatility (ann.) | 40.3% | 182.2% |
| Beta vs S&P 500 | 0.28 | 1.24 |
| Max drawdown (3Y) | -44.3% | -98.3% |
| Market cap | $0.4B | – |
| P/E (trailing) | 5.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GASS | LGVN |
|---|---|---|
| 2022 | +27.0% | -73.3% |
| 2023 | +141.0% | -57.8% |
| 2024 | -12.5% | -87.3% |
| 2025 | +24.2% | -70.8% |
| 2026 | +35.0% | +34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GASS and LGVN good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GASS and LGVN?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.38 over the last year and -0.15 over 5 years.
Is LGVN a good diversifier for GASS?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/gass-vs-lgvn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gass-vs-lgvn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GASS correlations · LGVN correlations
