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LGVN vs SNGX: Correlation

Measured on weekly returns over the past three years, Longeveron Inc. (LGVN) and Soligenix, Inc. (SNGX) carry a correlation of 0.40, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.02
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
15009.0
%² · weekly, annualized

How correlated are LGVN and SNGX?

Across a 3-year window, the weekly returns of LGVN and SNGX correlate at 0.40, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.02 versus 0.40 over 3 years. Stretching to 5 years gives 0.27, with an annualized covariance of 15009.0 %².

By 3-year correlation, SNGX places #4 of the 12 assets tracked against LGVN. Their recent paths diverged sharply: over the last 12 months LGVN outperformed by 70.1 percentage points (-17.2% for LGVN against -87.3% for SNGX).

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 SNGX: side by side

LGVN (Longeveron Inc.)SNGX (Soligenix, Inc.)
1-year return-17.2%-87.3%
5-year return-98.0%-99.8%
Volatility (ann.)182.2%205.9%
Beta vs S&P 5001.240.50
Max drawdown (3Y)-98.3%-98.2%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SNGX -98.2% vs -98.3%Higher 5y return: LGVN -98.0% vs -99.8%
-90%0%+46%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LGVN · SNGX

Year-by-year returns

YearLGVNSNGX
2022-73.3%-31.8%
2023-57.8%-88.7%
2024-87.3%-77.8%
2025-70.8%-50.4%
2026+34.4%-71.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LGVN and SNGX good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LGVN and SNGX?

The LGVN/SNGX correlation stands at 0.40 on a 3-year window (1 year: 0.02, 5 years: 0.27), computed from weekly returns as of 2026-08-27.

Is SNGX a good diversifier for LGVN?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 mean?

On the −1 to +1 scale, 0.40 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/lgvn-vs-sngx.json

LGVN vs SNGX: 3-year weekly correlation 0.40LGVN vs SNGX0.40

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Related comparisons

Hubs: LGVN correlations · SNGX correlations