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LANV vs TV: Correlation

Lanvin Group Holdings Limited (LANV) and Grupo Televisa S.A.B. (TV) show a negative relationship: their 3-year correlation of weekly returns is -0.17.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.17
negative
Correlation (1Y)
0.06
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-621.2
%² · weekly, annualized

How correlated are LANV and TV?

Across a 3-year window, the weekly returns of LANV and TV correlate at -0.17, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.06) runs above the 3-year figure (-0.17). Stretching to 5 years gives -0.14, with an annualized covariance of -621.2 %².

Among the 52 assets we track against LANV, TV ranks #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TV outperformed by 52.7 percentage points (-50.5% for LANV against +2.2% for TV).

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 TV: side by side

LANV (Lanvin Group Holdings Limited)TV (Grupo Televisa S.A.B.)
1-year return-50.5%+2.2%
5-year return-89.7%-72.6%
Volatility (ann.)69.7%52.4%
Beta vs S&P 500-0.150.69
Max drawdown (3Y)-78.6%-59.2%
Market cap$0.1B$1.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TV -59.2% vs -78.6%Higher 5y return: TV -72.6% vs -89.7%
-57%0%+17%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LANV · TV

Year-by-year returns

YearLANVTV
2022-6.1%-50.9%
2023-67.7%-25.2%
2024-31.9%-40.6%
2025+0.0%+81.5%
2026-50.2%-5.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LANV and TV good diversifiers for each other?

Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between LANV and TV?

As of 2026-08-27, the correlation of weekly returns between LANV and TV is -0.17 over 3 years, 0.06 over 1 year and -0.14 over 5 years.

Is TV a good diversifier for LANV?

Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.17 mean?

On the −1 to +1 scale, -0.17 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/lanv-vs-tv.json

LANV vs TV: 3-year weekly correlation -0.17LANV vs TV-0.17

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Related comparisons

Hubs: LANV correlations · TV correlations