LANV vs VRAX: Correlation
Measured on weekly returns over the past three years, Lanvin Group Holdings Limited (LANV) and Virax Biolabs Group Limited (VRAX) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and VRAX?
Over the past 3 years, LANV and VRAX moved with a correlation of 0.26, which is weak. Little has changed lately, as the 1-year reading of 0.27 lands near the 3-year figure. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 2851.6 %².
VRAX is one of the assets that tracks LANV most closely: it ranks #3 out of the 52 assets we track against LANV. Correlation aside, the last 12 months split them widely, with LANV ahead by 29.7 points (-50.5% versus -80.2%). One caveat on sizing: VRAX is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VRAX: side by side
| LANV (Lanvin Group Holdings Limited) | VRAX (Virax Biolabs Group Limited) | |
|---|---|---|
| 1-year return | -50.5% | -80.2% |
| 5-year return | -89.7% | n/a |
| Volatility (ann.) | 69.7% | 158.1% |
| Beta vs S&P 500 | -0.15 | 2.55 |
| Max drawdown (3Y) | -78.6% | -98.4% |
| 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 | VRAX |
|---|---|---|
| 2022 | -6.1% | – |
| 2023 | -67.7% | -80.0% |
| 2024 | -31.9% | +54.1% |
| 2025 | +0.0% | -84.6% |
| 2026 | -50.2% | -66.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and VRAX good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LANV and VRAX?
As of 2026-08-27, the correlation of weekly returns between LANV and VRAX is 0.26 over 3 years, 0.27 over 1 year and 0.20 over 5 years.
Is VRAX a good diversifier for LANV?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
On the −1 to +1 scale, 0.26 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
$ curl https://www.pairbook.io/api/v1/pairs/lanv-vs-vrax.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lanv-vs-vrax/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LANV correlations · VRAX correlations
