LVLU vs MTEN: Correlation
Measured on weekly returns over the past three years, Lulu's Fashion Lounge Holdings, Inc. (LVLU) and Mingteng International Corporation Inc. - Class A (MTEN) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LVLU and MTEN?
Over the past 3 years, LVLU and MTEN moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.42 versus -0.31 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -6865.3 %².
Out of 10 assets tracked against LVLU, MTEN lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months LVLU outperformed by 280.8 percentage points (+180.8% for LVLU against -100.0% for MTEN). Note the risk asymmetry: MTEN runs 1.6 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.
LVLU vs MTEN: side by side
| LVLU (Lulu's Fashion Lounge Holdings, Inc.) | MTEN (Mingteng International Corporation Inc. - Class A) | |
|---|---|---|
| 1-year return | +180.8% | -100.0% |
| 5-year return | -93.3% | n/a |
| Volatility (ann.) | 113.3% | 179.9% |
| Beta vs S&P 500 | 0.34 | 2.36 |
| Max drawdown (3Y) | -92.1% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LVLU | MTEN |
|---|---|---|
| 2022 | -75.5% | – |
| 2023 | -25.9% | – |
| 2024 | -39.2% | – |
| 2025 | -69.2% | -86.5% |
| 2026 | +152.3% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LVLU and MTEN good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LVLU and MTEN?
As of 2026-08-27, the correlation of weekly returns between LVLU and MTEN is -0.31 over 3 years, -0.42 over 1 year and n/a over 5 years.
Is MTEN a good diversifier for LVLU?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
A reading of -0.31 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/lvlu-vs-mten.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lvlu-vs-mten/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LVLU correlations · MTEN correlations
