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PANL correlations (Pangaea Logistics Solutions Ltd.)

Which assets move with PANL and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
42.2%
3y weekly
Beta vs S&P 500
0.96
3y weekly
1-year return
+49.7%
price, adjusted
5-year return
+109.8%
price, adjusted
Market cap
$0.5B
latest
P/E ratio
10.8
trailing
Dividend yield
2.53%
trailing
Max drawdown
-54.8%
3y, daily closes
-15%0%+77%2025-09-052026-08-27
PANL over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with PANL

AssetCorrelation (3Y)
SBLKStar Bulk Carriers Corp.0.55
GNKGenco Shipping & Trading Limited0.54
SBSafe Bulkers, Inc0.54
NVGSNavigator Holdings Ltd.0.54
GSLGlobal Ship Lease Inc New Class A0.53

Best diversifiers for PANL

If the goal is offsetting PANL, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.36
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.33
DGZDB Gold Short ETN due February 15, 2038-0.27

PANL vs benchmarks

PANL vs SPY 0.33 PANL vs QQQ 0.27

Get PANL data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/panl.json

Correlations, diversifiers, beta and volatility for PANL, plus one endpoint per pair. API documentation.