LGVN vs PDCC: Correlation
How closely do Longeveron Inc. (LGVN) and Pearl Diver Credit Company Inc. (PDCC) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LGVN and PDCC?
Across a 3-year window, the weekly returns of LGVN and PDCC correlate at -0.31, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.31). Stretching to 5 years gives n/a, with an annualized covariance of -868.3 %².
PDCC is close to the least connected end of LGVN's tracked universe, ranking #12 of 12. The last year tells two different stories: LGVN led by 20.8 percentage points, -17.2% for LGVN against -38.0% for PDCC. One caveat on sizing: LGVN is 6.9 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.
LGVN vs PDCC: side by side
| LGVN (Longeveron Inc.) | PDCC (Pearl Diver Credit Company Inc.) | |
|---|---|---|
| 1-year return | -17.2% | -38.0% |
| 5-year return | -98.0% | n/a |
| Volatility (ann.) | 182.2% | 26.4% |
| Beta vs S&P 500 | 1.24 | 0.17 |
| Max drawdown (3Y) | -98.3% | -47.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LGVN | PDCC |
|---|---|---|
| 2022 | -73.3% | – |
| 2023 | -57.8% | – |
| 2024 | -87.3% | – |
| 2025 | -70.8% | -20.9% |
| 2026 | +34.4% | -27.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LGVN and PDCC good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between LGVN and PDCC?
As of 2026-08-27, the correlation of weekly returns between LGVN and PDCC is -0.31 over 3 years, -0.47 over 1 year and n/a over 5 years.
Is PDCC a good diversifier for LGVN?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/lgvn-vs-pdcc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lgvn-vs-pdcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LGVN correlations · PDCC correlations
