LNAI vs PPL: Correlation
Measured on weekly returns over the past three years, Lunai Bioworks Inc. (LNAI) and PPL Corporation (PPL) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNAI and PPL?
On 3 years of weekly data the LNAI/PPL correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.21 over 3. The 5-year figure is -0.15, and annualized covariance runs at -612.0 %².
Among the 26 assets we track against LNAI, PPL ranks #15 by 3-year correlation. The last year tells two different stories: PPL led by 85.6 percentage points, -88.6% for LNAI against -3.0% for PPL. Risk is not evenly split, since LNAI carries 9.7 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.
LNAI vs PPL: side by side
| LNAI (Lunai Bioworks Inc.) | PPL (PPL Corporation) | |
|---|---|---|
| 1-year return | -88.6% | -3.0% |
| 5-year return | -99.6% | +41.1% |
| Volatility (ann.) | 169.5% | 17.4% |
| Beta vs S&P 500 | 1.43 | 0.13 |
| Max drawdown (3Y) | -99.6% | -13.3% |
| Market cap | – | $25.9B |
| P/E (trailing) | – | 20.7 |
| Dividend yield | 0.00% | 3.18% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | LNAI | PPL |
|---|---|---|
| 2022 | -85.9% | +0.4% |
| 2023 | +207.8% | -3.8% |
| 2024 | -73.6% | +24.0% |
| 2025 | -89.4% | +11.4% |
| 2026 | -66.7% | -0.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNAI and PPL good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between LNAI and PPL?
As of 2026-08-27, the correlation of weekly returns between LNAI and PPL is -0.21 over 3 years, -0.29 over 1 year and -0.15 over 5 years.
Is PPL a good diversifier for LNAI?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/lnai-vs-ppl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lnai-vs-ppl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LNAI correlations · PPL correlations
