LNC vs PERI: Correlation
Measured on weekly returns over the past three years, Lincoln National Corporation (LNC) and Perion Network Ltd (PERI) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNC and PERI?
Across a 3-year window, the weekly returns of LNC and PERI correlate at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.27 versus 0.39 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 653.6 %².
Among the 12 assets we track against LNC, PERI sits near the bottom by co-movement, at rank #8. Twelve-month performance is nearly a tie, at +7.4% for LNC and +3.7% for PERI.
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.
LNC vs PERI: side by side
| LNC (Lincoln National Corporation) | PERI (Perion Network Ltd) | |
|---|---|---|
| 1-year return | +7.4% | +3.7% |
| 5-year return | -18.1% | -54.1% |
| Volatility (ann.) | 33.9% | 48.9% |
| Beta vs S&P 500 | 1.14 | 1.06 |
| Max drawdown (3Y) | -29.1% | -80.1% |
| Market cap | $8.3B | $0.4B |
| P/E (trailing) | 3.7 | – |
| Dividend yield | 4.16% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNC | PERI |
|---|---|---|
| 2022 | -53.5% | +5.2% |
| 2023 | -5.6% | +22.0% |
| 2024 | +24.8% | -72.6% |
| 2025 | +48.0% | +13.1% |
| 2026 | +1.2% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNC and PERI good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LNC and PERI?
As of 2026-08-27, the correlation of weekly returns between LNC and PERI is 0.39 over 3 years, 0.27 over 1 year and 0.32 over 5 years.
Is PERI a good diversifier for LNC?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/lnc-vs-peri.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lnc-vs-peri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LNC correlations · PERI correlations
