LLYVK vs NA: Correlation
Liberty Live Holdings, Inc. - Series C Liberty Live Group (LLYVK) and Nano Labs Ltd - Class A (NA) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LLYVK and NA?
On 3 years of weekly data the LLYVK/NA correlation comes out at 0.35, moderate. The past 12 months show a weaker link (0.00) than the 3-year average (0.35). The 5-year figure is n/a, and annualized covariance runs at 1936.3 %².
Out of 13 assets tracked against LLYVK, NA lands near the bottom at #10. The last year tells two different stories: LLYVK led by 72.4 percentage points, +7.1% for LLYVK against -65.3% for NA. Note the risk asymmetry: NA runs 5.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
LLYVK vs NA: side by side
| LLYVK (Liberty Live Holdings, Inc. - Series C Liberty Live Group) | NA (Nano Labs Ltd - Class A) | |
|---|---|---|
| 1-year return | +7.1% | -65.3% |
| 5-year return | n/a | -98.2% |
| Volatility (ann.) | 30.9% | 181.1% |
| Beta vs S&P 500 | 0.96 | 0.36 |
| Max drawdown (3Y) | -24.1% | -92.7% |
| Market cap | $9.5B | – |
| P/E (trailing) | – | 2.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LLYVK | NA |
|---|---|---|
| 2023 | – | +57.4% |
| 2024 | +82.0% | -50.5% |
| 2025 | +22.2% | -64.8% |
| 2026 | +24.4% | -32.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LLYVK and NA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LLYVK and NA?
As of 2026-08-27, the correlation of weekly returns between LLYVK and NA is 0.35 over 3 years, 0.00 over 1 year and n/a over 5 years.
Is NA a good diversifier for LLYVK?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/llyvk-vs-na.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/llyvk-vs-na/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LLYVK correlations · NA correlations
