HIPO vs LANV: Correlation
How closely do Hippo Holdings Inc. (HIPO) and Lanvin Group Holdings Limited (LANV) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIPO and LANV?
On 3 years of weekly data the HIPO/LANV correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.00) than the 3-year average (-0.27). The 5-year figure is -0.07, and annualized covariance runs at -1224.6 %².
Out of 10 assets tracked against HIPO, LANV lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months HIPO outperformed by 47.3 percentage points (-3.2% for HIPO against -50.5% for LANV).
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.
HIPO vs LANV: side by side
| HIPO (Hippo Holdings Inc.) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | -3.2% | -50.5% |
| 5-year return | -73.4% | -89.7% |
| Volatility (ann.) | 64.1% | 69.7% |
| Beta vs S&P 500 | 1.59 | -0.15 |
| Max drawdown (3Y) | -39.6% | -78.6% |
| Market cap | $0.9B | $0.1B |
| P/E (trailing) | 7.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HIPO | LANV |
|---|---|---|
| 2022 | -80.8% | -6.1% |
| 2023 | -32.9% | -67.7% |
| 2024 | +193.5% | -31.9% |
| 2025 | +12.4% | +0.0% |
| 2026 | +8.4% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIPO and LANV good diversifiers for each other?
Yes. With a correlation of -0.27, HIPO and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HIPO and LANV?
The HIPO/LANV correlation stands at -0.27 on a 3-year window (1 year: -0.00, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is LANV a good diversifier for HIPO?
Yes. With a correlation of -0.27, HIPO and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 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/hipo-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hipo-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HIPO correlations · LANV correlations
