LANV vs PNC: Correlation
Measured on weekly returns over the past three years, Lanvin Group Holdings Limited (LANV) and PNC Financial Services (PNC) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and PNC?
On 3 years of weekly data the LANV/PNC correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.15 over 1 year against -0.17 over 3. The 5-year figure is -0.11, and annualized covariance runs at -306.4 %².
By 3-year correlation, PNC places #19 of the 52 assets tracked against LANV. The last year tells two different stories: PNC led by 72.6 percentage points, -50.5% for LANV against +22.1% for PNC. Risk is not evenly split, since LANV carries 2.7 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 PNC: side by side
| LANV (Lanvin Group Holdings Limited) | PNC (PNC Financial Services) | |
|---|---|---|
| 1-year return | -50.5% | +22.1% |
| 5-year return | -89.7% | +53.5% |
| Volatility (ann.) | 69.7% | 25.6% |
| Beta vs S&P 500 | -0.15 | 0.92 |
| Max drawdown (3Y) | -78.6% | -29.8% |
| Market cap | $0.1B | $97.1B |
| P/E (trailing) | – | 13.5 |
| Dividend yield | 0.00% | 2.78% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | LANV | PNC |
|---|---|---|
| 2022 | -6.1% | -18.6% |
| 2023 | -67.7% | +2.7% |
| 2024 | -31.9% | +29.4% |
| 2025 | +0.0% | +12.2% |
| 2026 | -50.2% | +19.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and PNC good diversifiers for each other?
Yes. With a correlation of -0.17, LANV and PNC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LANV and PNC?
The LANV/PNC correlation stands at -0.17 on a 3-year window (1 year: -0.15, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is PNC a good diversifier for LANV?
Yes. With a correlation of -0.17, LANV and PNC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lanv-vs-pnc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lanv-vs-pnc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LANV correlations · PNC correlations
