AHCO vs DV: Correlation
How closely do AdaptHealth Corp. (AHCO) and DoubleVerify Holdings, Inc. (DV) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHCO and DV?
Across a 3-year window, the weekly returns of AHCO and DV correlate at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.32 over 1 year against -0.26 over 3. Stretching to 5 years gives -0.01, with an annualized covariance of -806.3 %².
Within AHCO's tracked universe of 21 assets, DV comes in at #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DV outperformed by 19.0 percentage points (-37.0% for AHCO against -18.0% for DV).
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.
AHCO vs DV: side by side
| AHCO (AdaptHealth Corp.) | DV (DoubleVerify Holdings, Inc.) | |
|---|---|---|
| 1-year return | -37.0% | -18.0% |
| 5-year return | -75.6% | -62.1% |
| Volatility (ann.) | 62.0% | 51.0% |
| Beta vs S&P 500 | 0.40 | 1.13 |
| Max drawdown (3Y) | -61.0% | -79.7% |
| Market cap | $0.8B | $2.1B |
| P/E (trailing) | – | 38.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHCO | DV |
|---|---|---|
| 2022 | -21.4% | -34.0% |
| 2023 | -62.1% | +67.5% |
| 2024 | +30.6% | -47.8% |
| 2025 | +4.6% | -40.4% |
| 2026 | -41.8% | +16.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHCO and DV good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AHCO and DV?
The AHCO/DV correlation stands at -0.26 on a 3-year window (1 year: -0.32, 5 years: -0.01), computed from weekly returns as of 2026-08-27.
Is DV a good diversifier for AHCO?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 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/ahco-vs-dv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ahco-vs-dv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AHCO correlations · DV correlations
