INSW vs LGVN: Correlation
Measured on weekly returns over the past three years, International Seaways, Inc. (INSW) and Longeveron Inc. (LGVN) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INSW and LGVN?
Over the past 3 years, INSW and LGVN moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -1405.7 %².
Out of 21 assets tracked against INSW, LGVN lands near the bottom at #20. Their recent paths diverged sharply: over the last 12 months INSW outperformed by 167.5 percentage points (+150.3% for INSW against -17.2% for LGVN). One caveat on sizing: LGVN is 5.0 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.
INSW vs LGVN: side by side
| INSW (International Seaways, Inc.) | LGVN (Longeveron Inc.) | |
|---|---|---|
| 1-year return | +150.3% | -17.2% |
| 5-year return | +861.9% | -98.0% |
| Volatility (ann.) | 36.8% | 182.2% |
| Beta vs S&P 500 | 0.50 | 1.24 |
| Max drawdown (3Y) | -50.4% | -98.3% |
| Market cap | $4.9B | – |
| P/E (trailing) | 6.0 | – |
| Dividend yield | 0.51% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INSW | LGVN |
|---|---|---|
| 2022 | +162.5% | -73.3% |
| 2023 | +42.9% | -57.8% |
| 2024 | -10.9% | -87.3% |
| 2025 | +45.0% | -70.8% |
| 2026 | +123.1% | +34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INSW and LGVN good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between INSW and LGVN?
The INSW/LGVN correlation stands at -0.21 on a 3-year window (1 year: -0.20, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is LGVN a good diversifier for INSW?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/insw-vs-lgvn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/insw-vs-lgvn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INSW correlations · LGVN correlations
