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IMNN vs LVWR: Correlation

Imunon, Inc. (IMNN) and LiveWire Group, Inc. (LVWR) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.37
moderate
Correlation (1Y)
-0.05
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
12370.5
%² · weekly, annualized

How correlated are IMNN and LVWR?

Over the past 3 years, IMNN and LVWR moved with a correlation of 0.37, which is moderate. The past 12 months show a weaker link (-0.05) than the 3-year average (0.37). Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 12370.5 %².

By 3-year correlation, LVWR places #4 of the 14 assets tracked against IMNN. The trailing year gives LVWR the advantage: -73.6% versus -65.2%, a 8.4-point spread. Risk is not evenly split, since LVWR carries 1.6 times the volatility of the other side.

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.

IMNN vs LVWR: side by side

IMNN (Imunon, Inc.)LVWR (LiveWire Group, Inc.)
1-year return-73.6%-65.2%
5-year return-99.2%-86.0%
Volatility (ann.)144.4%230.4%
Beta vs S&P 500-0.092.09
Max drawdown (3Y)-96.5%-94.6%
Market cap$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LVWR -94.6% vs -96.5%Higher 5y return: LVWR -86.0% vs -99.2%
-80%0%+65%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. IMNN · LVWR

Year-by-year returns

YearIMNNLVWR
2022-83.3%-51.5%
2023-49.6%+133.2%
2024+39.7%-57.5%
2025-69.3%-8.1%
2026-58.0%-69.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are IMNN and LVWR good diversifiers for each other?

Reasonably. At 0.37, IMNN and LVWR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between IMNN and LVWR?

Using weekly returns as of 2026-08-27: 0.37 over 3 years, with -0.05 over the last year and 0.36 over 5 years.

Is LVWR a good diversifier for IMNN?

Reasonably. At 0.37, IMNN and LVWR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.37 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.

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IMNN vs LVWR: 3-year weekly correlation 0.37IMNN vs LVWR0.37

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Related comparisons

Hubs: IMNN correlations · LVWR correlations