LIEN vs MNPR: Correlation
Measured on weekly returns over the past three years, Chicago Atlantic BDC, Inc. (LIEN) and Monopar Therapeutics Inc. (MNPR) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIEN and MNPR?
Across a 3-year window, the weekly returns of LIEN and MNPR correlate at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.11) runs below the 3-year figure (0.36). Stretching to 5 years gives 0.25, with an annualized covariance of 2168.1 %².
Few assets follow LIEN as closely as MNPR, which ranks #2 of 13 tracked partners. Their recent paths diverged sharply: over the last 12 months MNPR outperformed by 222.1 percentage points (+5.2% for LIEN against +227.3% for MNPR). Risk is not evenly split, since MNPR carries 8.5 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.
LIEN vs MNPR: side by side
| LIEN (Chicago Atlantic BDC, Inc.) | MNPR (Monopar Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +5.2% | +227.3% |
| 5-year return | +11.0% | +365.1% |
| Volatility (ann.) | 26.5% | 225.0% |
| Beta vs S&P 500 | 0.23 | 1.74 |
| Max drawdown (3Y) | -22.5% | -67.3% |
| Market cap | $0.2B | $0.8B |
| P/E (trailing) | 7.3 | – |
| Dividend yield | 13.40% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LIEN | MNPR |
|---|---|---|
| 2022 | – | -26.2% |
| 2023 | -1.1% | -85.7% |
| 2024 | +58.6% | +1194.1% |
| 2025 | -4.0% | +196.8% |
| 2026 | +5.2% | +74.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIEN and MNPR good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LIEN and MNPR?
The LIEN/MNPR correlation stands at 0.36 on a 3-year window (1 year: 0.11, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is MNPR a good diversifier for LIEN?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/lien-vs-mnpr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lien-vs-mnpr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LIEN correlations · MNPR correlations
