LFVN vs NEOV: Correlation
Lifevantage Corporation (LFVN) and NeoVolta Inc. (NEOV) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFVN and NEOV?
On 3 years of weekly data the LFVN/NEOV correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.33) runs below the 3-year figure (-0.22). The 5-year figure is -0.12, and annualized covariance runs at -1514.9 %².
Out of 12 assets tracked against LFVN, NEOV lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months NEOV outperformed by 52.0 percentage points (-50.6% for LFVN against +1.4% for NEOV). One caveat on sizing: NEOV is 1.8 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.
LFVN vs NEOV: side by side
| LFVN (Lifevantage Corporation) | NEOV (NeoVolta Inc.) | |
|---|---|---|
| 1-year return | -50.6% | +1.4% |
| 5-year return | -3.2% | -45.4% |
| Volatility (ann.) | 62.9% | 111.0% |
| Beta vs S&P 500 | -0.12 | 1.32 |
| Max drawdown (3Y) | -83.9% | -79.4% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 2.72% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LFVN | NEOV |
|---|---|---|
| 2022 | -39.8% | -60.2% |
| 2023 | +74.9% | -42.7% |
| 2024 | +197.2% | +225.6% |
| 2025 | -64.3% | -41.7% |
| 2026 | +6.4% | +16.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFVN and NEOV good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LFVN and NEOV?
The LFVN/NEOV correlation stands at -0.22 on a 3-year window (1 year: -0.33, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is NEOV a good diversifier for LFVN?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lfvn-vs-neov.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lfvn-vs-neov/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LFVN correlations · NEOV correlations
