LANV vs TKO: Correlation
How closely do Lanvin Group Holdings Limited (LANV) and TKO Group Holdings (TKO) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and TKO?
On 3 years of weekly data the LANV/TKO correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.06) than the 3-year average (-0.17). The 5-year figure is -0.15, and annualized covariance runs at -382.9 %².
By 3-year correlation, TKO places #20 of the 52 assets tracked against LANV. Their recent paths diverged sharply: over the last 12 months TKO outperformed by 51.3 percentage points (-50.5% for LANV against +0.8% for TKO). Note the risk asymmetry: LANV runs 2.2 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 TKO: side by side
| LANV (Lanvin Group Holdings Limited) | TKO (TKO Group Holdings) | |
|---|---|---|
| 1-year return | -50.5% | +0.8% |
| 5-year return | -89.7% | +281.8% |
| Volatility (ann.) | 69.7% | 32.1% |
| Beta vs S&P 500 | -0.15 | 0.70 |
| Max drawdown (3Y) | -78.6% | -34.8% |
| Market cap | $0.1B | $34.9B |
| P/E (trailing) | – | 65.8 |
| Dividend yield | 0.00% | 1.66% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | LANV | TKO |
|---|---|---|
| 2022 | -6.1% | +39.9% |
| 2023 | -67.7% | +23.9% |
| 2024 | -31.9% | +74.2% |
| 2025 | +0.0% | +48.9% |
| 2026 | -50.2% | -11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and TKO good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between LANV and TKO?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.06 over the last year and -0.15 over 5 years.
Is TKO a good diversifier for LANV?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
A reading of -0.17 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-tko.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lanv-vs-tko/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LANV correlations · TKO correlations
