CAG vs SVCO: Correlation
ConAgra Brands, Inc. (CAG) and Silvaco Group, Inc. (SVCO) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAG and SVCO?
On 3 years of weekly data the CAG/SVCO correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.52 versus -0.32 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -649.6 %².
Among the 34 assets we track against CAG, SVCO sits near the bottom by co-movement, at rank #34. Correlation aside, the last 12 months split them widely, with SVCO ahead by 57.0 points (-9.8% versus +47.2%). One caveat on sizing: SVCO is 3.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CAG vs SVCO: side by side
| CAG (ConAgra Brands, Inc.) | SVCO (Silvaco Group, Inc.) | |
|---|---|---|
| 1-year return | -9.8% | +47.2% |
| 5-year return | -36.6% | n/a |
| Volatility (ann.) | 24.2% | 80.2% |
| Beta vs S&P 500 | -0.05 | 1.47 |
| Max drawdown (3Y) | -56.7% | -83.8% |
| Market cap | $7.7B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 8.65% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CAG | SVCO |
|---|---|---|
| 2022 | +17.5% | – |
| 2023 | -22.8% | – |
| 2024 | +1.5% | – |
| 2025 | -33.3% | -49.9% |
| 2026 | -2.1% | +78.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAG and SVCO good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between CAG and SVCO?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.52 over the last year and n/a over 5 years.
Is SVCO a good diversifier for CAG?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 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/cag-vs-svco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cag-vs-svco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CAG correlations · SVCO correlations
