GS vs LANV: Correlation
How closely do Goldman Sachs (GS) and Lanvin Group Holdings Limited (LANV) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GS and LANV?
On 3 years of weekly data the GS/LANV correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. The 5-year figure is -0.12, and annualized covariance runs at -342.8 %².
By 3-year correlation, LANV places #36 of the 41 assets tracked against GS. Correlation aside, the last 12 months split them widely, with GS ahead by 92.1 points (+41.6% versus -50.5%). Note the risk asymmetry: LANV runs 2.6 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.
GS vs LANV: side by side
| GS (Goldman Sachs) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +41.6% | -50.5% |
| 5-year return | +184.1% | -89.7% |
| Volatility (ann.) | 27.0% | 69.7% |
| Beta vs S&P 500 | 1.34 | -0.15 |
| Max drawdown (3Y) | -30.9% | -78.6% |
| Market cap | $303.1B | $0.1B |
| P/E (trailing) | 16.1 | – |
| Dividend yield | 1.63% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | GS | LANV |
|---|---|---|
| 2022 | -7.9% | -6.1% |
| 2023 | +15.9% | -67.7% |
| 2024 | +52.0% | -31.9% |
| 2025 | +56.6% | +0.0% |
| 2026 | +19.6% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GS and LANV good diversifiers for each other?
Yes. With a correlation of -0.18, GS and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GS and LANV?
As of 2026-08-27, the correlation of weekly returns between GS and LANV is -0.18 over 3 years, -0.18 over 1 year and -0.12 over 5 years.
Is LANV a good diversifier for GS?
Yes. With a correlation of -0.18, GS and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/gs-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gs-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GS correlations · LANV correlations
