LCNB vs NVNI: Correlation
LCNB Corporation (LCNB) and Nvni Group Limited (NVNI) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCNB and NVNI?
Across a 3-year window, the weekly returns of LCNB and NVNI correlate at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.12 versus -0.19 over 3 years. Stretching to 5 years gives -0.16, with an annualized covariance of -5475.5 %².
Among the 14 assets we track against LCNB, NVNI sits near the bottom by co-movement, at rank #12. Their recent paths diverged sharply: over the last 12 months LCNB outperformed by 110.4 percentage points (+27.4% for LCNB against -83.0% for NVNI). Note the risk asymmetry: NVNI runs 32.1 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.
LCNB vs NVNI: side by side
| LCNB (LCNB Corporation) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | +27.4% | -83.0% |
| 5-year return | +43.8% | -98.9% |
| Volatility (ann.) | 29.6% | 949.3% |
| Beta vs S&P 500 | 0.49 | -4.03 |
| Max drawdown (3Y) | -23.8% | -99.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 11.2 | – |
| Dividend yield | 4.59% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCNB | NVNI |
|---|---|---|
| 2022 | -3.4% | +4.4% |
| 2023 | -7.5% | -85.4% |
| 2024 | +1.7% | +64.4% |
| 2025 | +14.7% | -89.2% |
| 2026 | +21.1% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCNB and NVNI good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LCNB and NVNI?
The LCNB/NVNI correlation stands at -0.19 on a 3-year window (1 year: 0.12, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is NVNI a good diversifier for LCNB?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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/lcnb-vs-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lcnb-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LCNB correlations · NVNI correlations
