JVA vs LICN: Correlation
How closely do Coffee Holding Co., Inc. (JVA) and Lichen International Limited - Class A (LICN) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JVA and LICN?
Over the past 3 years, JVA and LICN moved with a correlation of 0.42, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.05 versus 0.42 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 302848.8 %².
Few assets follow JVA as closely as LICN, which ranks #1 of 10 tracked partners. The last year tells two different stories: JVA led by 61.6 percentage points, -13.1% for JVA against -74.7% for LICN. Note the risk asymmetry: LICN runs 100.0 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.
JVA vs LICN: side by side
| JVA (Coffee Holding Co., Inc.) | LICN (Lichen International Limited - Class A) | |
|---|---|---|
| 1-year return | -13.1% | -74.7% |
| 5-year return | -29.2% | n/a |
| Volatility (ann.) | 85.3% | 8528.0% |
| Beta vs S&P 500 | 0.72 | -80.22 |
| Max drawdown (3Y) | -70.3% | -98.4% |
| Market cap | – | – |
| P/E (trailing) | 12.8 | – |
| Dividend yield | 2.31% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JVA | LICN |
|---|---|---|
| 2022 | -52.8% | – |
| 2023 | -55.4% | – |
| 2024 | +275.8% | -91.0% |
| 2025 | +13.5% | +1484.3% |
| 2026 | -8.4% | -56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JVA and LICN good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between JVA and LICN?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with -0.05 over the last year and n/a over 5 years.
Is LICN a good diversifier for JVA?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/jva-vs-licn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jva-vs-licn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JVA correlations · LICN correlations
