COUR vs PVLA: Correlation
Measured on weekly returns over the past three years, Coursera, Inc. (COUR) and Palvella Therapeutics, Inc. (PVLA) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COUR and PVLA?
Across a 3-year window, the weekly returns of COUR and PVLA correlate at 0.51, moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.51). Stretching to 5 years gives 0.41, with an annualized covariance of 3139.1 %².
Few assets follow COUR as closely as PVLA, which ranks #1 of 14 tracked partners. The last year tells two different stories: PVLA led by 209.8 percentage points, -43.5% for COUR against +166.3% for PVLA. Note the risk asymmetry: PVLA runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
COUR vs PVLA: side by side
| COUR (Coursera, Inc.) | PVLA (Palvella Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -43.5% | +166.3% |
| 5-year return | -83.3% | -62.3% |
| Volatility (ann.) | 58.8% | 105.3% |
| Beta vs S&P 500 | 1.14 | 0.24 |
| Max drawdown (3Y) | -75.8% | -77.6% |
| Market cap | $1.8B | $2.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COUR | PVLA |
|---|---|---|
| 2022 | -51.6% | -72.5% |
| 2023 | +63.7% | -82.5% |
| 2024 | -56.1% | -17.6% |
| 2025 | -13.4% | +772.2% |
| 2026 | -13.2% | +43.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COUR and PVLA good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between COUR and PVLA?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.22 over the last year and 0.41 over 5 years.
Is PVLA a good diversifier for COUR?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 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/cour-vs-pvla.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cour-vs-pvla/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COUR correlations · PVLA correlations
