LOGI vs NNVC: Correlation
How closely do Logitech International S.A. - Registered Shares (LOGI) and NanoViricides, Inc. (NNVC) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOGI and NNVC?
On 3 years of weekly data the LOGI/NNVC correlation comes out at 0.33, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.51 versus 0.33 over 3 years. The 5-year figure is 0.25, and annualized covariance runs at 893.6 %².
Out of 12 assets tracked against LOGI, NNVC lands near the bottom at #9. Over the last 12 months LOGI came out ahead by 6.4 percentage points (-3.5% against -9.9%). Note the risk asymmetry: NNVC runs 2.3 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.
LOGI vs NNVC: side by side
| LOGI (Logitech International S.A. - Registered Shares) | NNVC (NanoViricides, Inc.) | |
|---|---|---|
| 1-year return | -3.5% | -9.9% |
| 5-year return | +0.1% | -66.8% |
| Volatility (ann.) | 34.3% | 79.5% |
| Beta vs S&P 500 | 1.24 | 0.87 |
| Max drawdown (3Y) | -37.6% | -74.3% |
| Market cap | $14.0B | – |
| P/E (trailing) | 18.4 | – |
| Dividend yield | 1.69% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOGI | NNVC |
|---|---|---|
| 2022 | -22.9% | -70.2% |
| 2023 | +55.3% | -8.1% |
| 2024 | -12.0% | +40.2% |
| 2025 | +23.5% | -21.0% |
| 2026 | -2.2% | +13.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOGI and NNVC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LOGI and NNVC?
The LOGI/NNVC correlation stands at 0.33 on a 3-year window (1 year: 0.51, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is NNVC a good diversifier for LOGI?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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
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[](https://www.pairbook.io/pair/logi-vs-nnvc/)
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Related comparisons
Hubs: LOGI correlations · NNVC correlations
