LANV vs QNTM: Correlation
Lanvin Group Holdings Limited (LANV) and Quantum Biopharma Ltd. - Class B Subordinate Voting Shares (QNTM) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and QNTM?
Across a 3-year window, the weekly returns of LANV and QNTM correlate at -0.29, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.18) runs above the 3-year figure (-0.29). Stretching to 5 years gives -0.18, with an annualized covariance of -4585.1 %².
Out of 52 assets tracked against LANV, QNTM lands near the bottom at #51. Correlation aside, the last 12 months split them widely, with LANV ahead by 30.8 points (-50.5% versus -81.3%). Risk is not evenly split, since QNTM carries 3.3 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 QNTM: side by side
| LANV (Lanvin Group Holdings Limited) | QNTM (Quantum Biopharma Ltd. - Class B Subordinate Voting Shares) | |
|---|---|---|
| 1-year return | -50.5% | -81.3% |
| 5-year return | -89.7% | -97.4% |
| Volatility (ann.) | 69.7% | 230.6% |
| Beta vs S&P 500 | -0.15 | 0.93 |
| Max drawdown (3Y) | -78.6% | -98.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LANV | QNTM |
|---|---|---|
| 2022 | -6.1% | -22.7% |
| 2023 | -67.7% | +16.8% |
| 2024 | -31.9% | -93.8% |
| 2025 | +0.0% | +98.4% |
| 2026 | -50.2% | -57.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and QNTM good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between LANV and QNTM?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.18 over the last year and -0.18 over 5 years.
Is QNTM a good diversifier for LANV?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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-qntm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lanv-vs-qntm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LANV correlations · QNTM correlations
