LANV vs SLVM: Correlation
How closely do Lanvin Group Holdings Limited (LANV) and Sylvamo Corporation (SLVM) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and SLVM?
On 3 years of weekly data the LANV/SLVM correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.23 over 3 years. The 5-year figure is -0.13, and annualized covariance runs at -621.7 %².
Among the 52 assets we track against LANV, SLVM ranks #38 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SLVM ahead by 35.0 points (-50.5% versus -15.5%). Note the risk asymmetry: LANV runs 1.8 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.
LANV vs SLVM: side by side
| LANV (Lanvin Group Holdings Limited) | SLVM (Sylvamo Corporation) | |
|---|---|---|
| 1-year return | -50.5% | -15.5% |
| 5-year return | -89.7% | +65.7% |
| Volatility (ann.) | 69.7% | 38.0% |
| Beta vs S&P 500 | -0.15 | 0.92 |
| Max drawdown (3Y) | -78.6% | -60.6% |
| Market cap | $0.1B | $1.5B |
| P/E (trailing) | – | 19.6 |
| Dividend yield | 0.00% | 4.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LANV | SLVM |
|---|---|---|
| 2022 | -6.1% | +75.3% |
| 2023 | -67.7% | +4.2% |
| 2024 | -31.9% | +64.7% |
| 2025 | +0.0% | -37.1% |
| 2026 | -50.2% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and SLVM good diversifiers for each other?
Yes. With a correlation of -0.23, LANV and SLVM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LANV and SLVM?
The LANV/SLVM correlation stands at -0.23 on a 3-year window (1 year: -0.04, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is SLVM a good diversifier for LANV?
Yes. With a correlation of -0.23, LANV and SLVM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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.
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Hubs: LANV correlations · SLVM correlations
