LANV vs PH: Correlation
Lanvin Group Holdings Limited (LANV) and Parker Hannifin (PH) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and PH?
On 3 years of weekly data the LANV/PH correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.03) runs above the 3-year figure (-0.19). The 5-year figure is -0.14, and annualized covariance runs at -349.9 %².
Within LANV's tracked universe of 52 assets, PH comes in at #26 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PH outperformed by 83.3 percentage points (-50.5% for LANV against +32.8% for PH). Risk is not evenly split, since LANV carries 2.6 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.
LANV vs PH: side by side
| LANV (Lanvin Group Holdings Limited) | PH (Parker Hannifin) | |
|---|---|---|
| 1-year return | -50.5% | +32.8% |
| 5-year return | -89.7% | +256.4% |
| Volatility (ann.) | 69.7% | 26.6% |
| Beta vs S&P 500 | -0.15 | 1.16 |
| Max drawdown (3Y) | -78.6% | -26.8% |
| Market cap | $0.1B | $127.5B |
| P/E (trailing) | – | 36.5 |
| Dividend yield | 0.00% | 0.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | LANV | PH |
|---|---|---|
| 2022 | -6.1% | -6.9% |
| 2023 | -67.7% | +60.8% |
| 2024 | -31.9% | +39.6% |
| 2025 | +0.0% | +39.5% |
| 2026 | -50.2% | +15.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and PH good diversifiers for each other?
Yes. With a correlation of -0.19, LANV and PH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LANV and PH?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.03 over the last year and -0.14 over 5 years.
Is PH a good diversifier for LANV?
Yes. With a correlation of -0.19, LANV and PH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
A reading of -0.19 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/lanv-vs-ph.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lanv-vs-ph/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LANV correlations · PH correlations
