GNLN vs LANV: Correlation
Measured on weekly returns over the past three years, Greenlane Holdings, Inc. (GNLN) and Lanvin Group Holdings Limited (LANV) carry a correlation of 0.25, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNLN and LANV?
On 3 years of weekly data the GNLN/LANV correlation comes out at 0.25, weak. The link has loosened recently: the 1-year correlation (0.14) runs below the 3-year figure (0.25). The 5-year figure is 0.15, and annualized covariance runs at 4036.8 %².
Within GNLN's tracked universe of 13 assets, LANV comes in at #8 by 3-year correlation. The last year tells two different stories: LANV led by 38.7 percentage points, -89.2% for GNLN against -50.5% for LANV. Note the risk asymmetry: GNLN runs 3.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GNLN vs LANV: side by side
| GNLN (Greenlane Holdings, Inc.) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | -89.2% | -50.5% |
| 5-year return | -100.0% | -89.7% |
| Volatility (ann.) | 231.5% | 69.7% |
| Beta vs S&P 500 | 2.48 | -0.15 |
| Max drawdown (3Y) | -100.0% | -78.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GNLN | LANV |
|---|---|---|
| 2022 | -98.5% | -6.1% |
| 2023 | -82.0% | -67.7% |
| 2024 | -71.0% | -31.9% |
| 2025 | -99.9% | +0.0% |
| 2026 | -77.9% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNLN and LANV good diversifiers for each other?
Reasonably. At 0.25, GNLN and LANV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GNLN and LANV?
Using weekly returns as of 2026-08-27: 0.25 over 3 years, with 0.14 over the last year and 0.15 over 5 years.
Is LANV a good diversifier for GNLN?
Reasonably. At 0.25, GNLN and LANV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gnln-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gnln-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GNLN correlations · LANV correlations
