LRMR vs VNDA: Correlation
How closely do Larimar Therapeutics, Inc. (LRMR) and Vanda Pharmaceuticals Inc. (VNDA) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LRMR and VNDA?
Across a 3-year window, the weekly returns of LRMR and VNDA correlate at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.49). Stretching to 5 years gives 0.32, with an annualized covariance of 3167.1 %².
Within LRMR's tracked universe of 13 assets, VNDA comes in at #4 by 3-year correlation. The trailing year gives VNDA the advantage: +3.8% versus +17.7%, a 13.9-point spread. Risk is not evenly split, since LRMR carries 1.6 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.
LRMR vs VNDA: side by side
| LRMR (Larimar Therapeutics, Inc.) | VNDA (Vanda Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +3.8% | +17.7% |
| 5-year return | -71.6% | -67.8% |
| Volatility (ann.) | 101.9% | 63.1% |
| Beta vs S&P 500 | 1.81 | 0.55 |
| Max drawdown (3Y) | -87.1% | -48.4% |
| Market cap | $0.4B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LRMR | VNDA |
|---|---|---|
| 2022 | -61.7% | -52.9% |
| 2023 | +10.2% | -42.9% |
| 2024 | -14.9% | +13.5% |
| 2025 | -1.6% | +84.1% |
| 2026 | +6.3% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LRMR and VNDA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LRMR and VNDA?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.63 over the last year and 0.32 over 5 years.
Is VNDA a good diversifier for LRMR?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/lrmr-vs-vnda.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lrmr-vs-vnda/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LRMR correlations · VNDA correlations
