CORT vs RDVT: Correlation
Corcept Therapeutics Incorporated (CORT) and Red Violet, Inc. (RDVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CORT and RDVT?
Over the past 3 years, CORT and RDVT moved with a correlation of 0.31, which is moderate. Little has changed lately, as the 1-year reading of 0.27 lands near the 3-year figure. Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 905.0 %².
In CORT's tracked universe of 11 assets, RDVT sits right near the top at #3. Correlation aside, the last 12 months split them widely, with CORT ahead by 21.6 points (+67.7% versus +46.1%).
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.
CORT vs RDVT: side by side
| CORT (Corcept Therapeutics Incorporated) | RDVT (Red Violet, Inc.) | |
|---|---|---|
| 1-year return | +67.7% | +46.1% |
| 5-year return | +443.1% | +153.0% |
| Volatility (ann.) | 65.2% | 45.1% |
| Beta vs S&P 500 | 0.53 | 1.12 |
| Max drawdown (3Y) | -71.9% | -42.1% |
| Market cap | $12.6B | $1.2B |
| P/E (trailing) | 265.8 | 63.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CORT | RDVT |
|---|---|---|
| 2022 | +2.6% | -42.0% |
| 2023 | +59.9% | -13.2% |
| 2024 | +55.1% | +81.3% |
| 2025 | -30.9% | +58.6% |
| 2026 | +236.0% | +26.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CORT and RDVT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CORT and RDVT?
As of 2026-08-27, the correlation of weekly returns between CORT and RDVT is 0.31 over 3 years, 0.27 over 1 year and 0.23 over 5 years.
Is RDVT a good diversifier for CORT?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/cort-vs-rdvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cort-vs-rdvt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CORT correlations · RDVT correlations
