LGVN vs SIFY: Correlation
Longeveron Inc. (LGVN) and Sify Technologies Limited - American Depository Shares (SIFY) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LGVN and SIFY?
On 3 years of weekly data the LGVN/SIFY correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.06 versus -0.26 over 3 years. The 5-year figure is -0.12, and annualized covariance runs at -3680.2 %².
SIFY is close to the least connected end of LGVN's tracked universe, ranking #10 of 12. Correlation aside, the last 12 months split them widely, with SIFY ahead by 72.1 points (-17.2% versus +54.9%). Risk is not evenly split, since LGVN carries 2.3 times the volatility of the other side.
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 SIFY: side by side
| LGVN (Longeveron Inc.) | SIFY (Sify Technologies Limited - American Depository Shares) | |
|---|---|---|
| 1-year return | -17.2% | +54.9% |
| 5-year return | -98.0% | -31.9% |
| Volatility (ann.) | 182.2% | 78.4% |
| Beta vs S&P 500 | 1.24 | 0.48 |
| Max drawdown (3Y) | -98.3% | -85.6% |
| Market cap | – | $1.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LGVN | SIFY |
|---|---|---|
| 2022 | -73.3% | -64.4% |
| 2023 | -57.8% | +62.6% |
| 2024 | -87.3% | -74.5% |
| 2025 | -70.8% | +326.2% |
| 2026 | +34.4% | +21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LGVN and SIFY good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LGVN and SIFY?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with 0.06 over the last year and -0.12 over 5 years.
Is SIFY a good diversifier for LGVN?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
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/lgvn-vs-sify.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lgvn-vs-sify/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LGVN correlations · SIFY correlations