AYA vs SVM: Correlation
Aya Gold & Silver Inc. (AYA) and Silvercorp Metals Inc. (SVM) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AYA and SVM?
On 3 years of weekly data the AYA/SVM correlation comes out at 0.72, strong. The relationship has been stable: the 1-year correlation (0.78) sits close to the 3-year figure. The 5-year figure is 0.67, and annualized covariance runs at 3134.7 %².
By 3-year correlation, SVM places #5 of the 14 assets tracked against AYA. The last year tells two different stories: AYA led by 24.7 percentage points, +212.6% for AYA against +187.9% for SVM.
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.
AYA vs SVM: side by side
| AYA (Aya Gold & Silver Inc.) | SVM (Silvercorp Metals Inc.) | |
|---|---|---|
| 1-year return | +212.6% | +187.9% |
| 5-year return | +267.0% | +222.0% |
| Volatility (ann.) | 73.7% | 59.2% |
| Beta vs S&P 500 | 1.95 | 1.33 |
| Max drawdown (3Y) | -56.1% | -43.8% |
| Market cap | $4.2B | $3.0B |
| P/E (trailing) | 36.2 | 122.4 |
| Dividend yield | 0.00% | 0.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AYA | SVM |
|---|---|---|
| 2022 | -11.0% | -20.6% |
| 2023 | +10.4% | -10.3% |
| 2024 | +2.0% | +14.9% |
| 2025 | +92.4% | +178.8% |
| 2026 | +103.8% | +61.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AYA and SVM good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AYA and SVM?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.78 over the last year and 0.67 over 5 years.
Is SVM a good diversifier for AYA?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 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/aya-vs-svm.json
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Related comparisons
Hubs: AYA correlations · SVM correlations
