AVAH vs VSAT: Correlation
How closely do Aveanna Healthcare Holdings Inc. (AVAH) and ViaSat, Inc. (VSAT) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVAH and VSAT?
Over the past 3 years, AVAH and VSAT moved with a correlation of 0.38, which is moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.38). Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 2322.4 %².
Within AVAH's tracked universe of 11 assets, VSAT comes in at #6 by 3-year correlation. The last year tells two different stories: VSAT led by 47.7 percentage points, +76.1% for AVAH against +123.8% for VSAT.
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.
AVAH vs VSAT: side by side
| AVAH (Aveanna Healthcare Holdings Inc.) | VSAT (ViaSat, Inc.) | |
|---|---|---|
| 1-year return | +76.1% | +123.8% |
| 5-year return | +46.9% | +40.0% |
| Volatility (ann.) | 73.8% | 82.3% |
| Beta vs S&P 500 | 1.38 | 1.26 |
| Max drawdown (3Y) | -39.4% | -76.4% |
| Market cap | $3.0B | $10.0B |
| P/E (trailing) | 10.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVAH | VSAT |
|---|---|---|
| 2022 | -89.5% | -28.9% |
| 2023 | +243.6% | -11.7% |
| 2024 | +70.5% | -69.6% |
| 2025 | +78.8% | +304.9% |
| 2026 | +69.2% | +111.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVAH and VSAT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AVAH and VSAT?
The AVAH/VSAT correlation stands at 0.38 on a 3-year window (1 year: 0.12, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is VSAT a good diversifier for AVAH?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/avah-vs-vsat.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avah-vs-vsat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AVAH correlations · VSAT correlations
