KGEI vs LEN: Correlation
Kolibri Global Energy Inc. (KGEI) and Lennar (LEN) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KGEI and LEN?
On 3 years of weekly data the KGEI/LEN correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.42) runs below the 3-year figure (-0.21). The 5-year figure is -0.01, and annualized covariance runs at -351.3 %².
By 3-year correlation, LEN places #13 of the 27 assets tracked against KGEI. The last year tells two different stories: KGEI led by 40.5 percentage points, +5.6% for KGEI against -34.9% for LEN. Note the risk asymmetry: KGEI runs 1.6 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.
KGEI vs LEN: side by side
| KGEI (Kolibri Global Energy Inc.) | LEN (Lennar) | |
|---|---|---|
| 1-year return | +5.6% | -34.9% |
| 5-year return | +631.2% | -11.7% |
| Volatility (ann.) | 51.1% | 32.6% |
| Beta vs S&P 500 | 0.13 | 0.84 |
| Max drawdown (3Y) | -64.7% | -54.5% |
| Market cap | $0.2B | $20.5B |
| P/E (trailing) | 10.6 | 13.7 |
| Dividend yield | 0.00% | 2.29% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | KGEI | LEN |
|---|---|---|
| 2022 | +391.7% | -20.6% |
| 2023 | +27.1% | +66.9% |
| 2024 | +41.9% | -7.3% |
| 2025 | -26.1% | -20.8% |
| 2026 | +48.9% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KGEI and LEN good diversifiers for each other?
Yes. With a correlation of -0.21, KGEI and LEN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KGEI and LEN?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.42 over the last year and -0.01 over 5 years.
Is LEN a good diversifier for KGEI?
Yes. With a correlation of -0.21, KGEI and LEN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/kgei-vs-len.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kgei-vs-len/)
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Related comparisons
Hubs: KGEI correlations · LEN correlations
