INDP vs LFVN: Correlation
Measured on weekly returns over the past three years, Indaptus Therapeutics, Inc. (INDP) and Lifevantage Corporation (LFVN) carry a correlation of 0.28, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INDP and LFVN?
Over the past 3 years, INDP and LFVN moved with a correlation of 0.28, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.28 over 3 years. Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 2187.4 %².
Among the 13 assets we track against INDP, LFVN ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LFVN ahead by 31.3 points (-81.9% versus -50.6%). One caveat on sizing: INDP is 2.0 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.
INDP vs LFVN: side by side
| INDP (Indaptus Therapeutics, Inc.) | LFVN (Lifevantage Corporation) | |
|---|---|---|
| 1-year return | -81.9% | -50.6% |
| 5-year return | -99.6% | -3.2% |
| Volatility (ann.) | 123.5% | 62.9% |
| Beta vs S&P 500 | 1.78 | -0.12 |
| Max drawdown (3Y) | -99.2% | -83.9% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | 14.7 |
| Dividend yield | 0.00% | 2.72% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INDP | LFVN |
|---|---|---|
| 2022 | -74.6% | -39.8% |
| 2023 | +21.4% | +74.9% |
| 2024 | -52.2% | +197.2% |
| 2025 | -87.7% | -64.3% |
| 2026 | -60.1% | +6.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INDP and LFVN good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between INDP and LFVN?
The INDP/LFVN correlation stands at 0.28 on a 3-year window (1 year: 0.49, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is LFVN a good diversifier for INDP?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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/indp-vs-lfvn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/indp-vs-lfvn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INDP correlations · LFVN correlations
