CEVA vs MRVL: Correlation
How closely do CEVA, Inc. (CEVA) and Marvell Technology (MRVL) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CEVA and MRVL?
Across a 3-year window, the weekly returns of CEVA and MRVL correlate at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Stretching to 5 years gives 0.59, with an annualized covariance of 1945.8 %².
Among the 12 assets we track against CEVA, MRVL ranks #7 by 3-year correlation. The last year tells two different stories: MRVL led by 197.7 percentage points, +25.8% for CEVA against +223.5% for MRVL.
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.
CEVA vs MRVL: side by side
| CEVA (CEVA, Inc.) | MRVL (Marvell Technology) | |
|---|---|---|
| 1-year return | +25.8% | +223.5% |
| 5-year return | -40.9% | +297.0% |
| Volatility (ann.) | 57.4% | 57.8% |
| Beta vs S&P 500 | 2.37 | 2.19 |
| Max drawdown (3Y) | -55.2% | -60.8% |
| Market cap | $0.8B | $217.0B |
| P/E (trailing) | – | 82.7 |
| Dividend yield | 0.00% | 0.10% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | CEVA | MRVL |
|---|---|---|
| 2022 | -40.8% | -57.5% |
| 2023 | -11.2% | +63.7% |
| 2024 | +38.9% | +83.8% |
| 2025 | -31.8% | -22.8% |
| 2026 | +32.1% | +184.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CEVA and MRVL good diversifiers for each other?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CEVA and MRVL?
As of 2026-08-27, the correlation of weekly returns between CEVA and MRVL is 0.59 over 3 years, 0.59 over 1 year and 0.59 over 5 years.
Is MRVL a good diversifier for CEVA?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.59 mean?
A reading of 0.59 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/ceva-vs-mrvl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ceva-vs-mrvl/)
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Related comparisons
Hubs: CEVA correlations · MRVL correlations
