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CRVO vs JVA: Correlation

CervoMed Inc. (CRVO) and Coffee Holding Co., Inc. (JVA) show a negative relationship: their 3-year correlation of weekly returns is -0.28.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.28
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
-0.22
long-run
Ann. covariance
-4220.2
%² · weekly, annualized

How correlated are CRVO and JVA?

Over the past 3 years, CRVO and JVA moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.28 over 3. Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -4220.2 %².

Among the 17 assets we track against CRVO, JVA sits near the bottom by co-movement, at rank #17. Their recent paths diverged sharply: over the last 12 months JVA outperformed by 58.8 percentage points (-71.9% for CRVO against -13.1% for JVA). Note the risk asymmetry: CRVO runs 2.1 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.

CRVO vs JVA: side by side

CRVO (CervoMed Inc.)JVA (Coffee Holding Co., Inc.)
1-year return-71.9%-13.1%
5-year return-94.2%-29.2%
Volatility (ann.)178.5%85.3%
Beta vs S&P 5000.330.72
Max drawdown (3Y)-92.7%-70.3%
Market cap
P/E (trailing)12.8
Dividend yield0.00%2.31%
Sector / categoryUS ListedUS Listed
Higher yield: JVA 2.31% vs 0.00%Smaller drawdown: JVA -70.3% vs -92.7%Higher 5y return: JVA -29.2% vs -94.2%
-77%0%+28%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CRVO · JVA

Year-by-year returns

YearCRVOJVA
2022-67.4%-52.8%
2023+0.5%-55.4%
2024-69.3%+275.8%
2025+237.6%+13.5%
2026-66.6%-8.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CRVO and JVA good diversifiers for each other?

Yes. With a correlation of -0.28, CRVO and JVA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between CRVO and JVA?

As of 2026-08-27, the correlation of weekly returns between CRVO and JVA is -0.28 over 3 years, -0.27 over 1 year and -0.22 over 5 years.

Is JVA a good diversifier for CRVO?

Yes. With a correlation of -0.28, CRVO and JVA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.28 mean?

On the −1 to +1 scale, -0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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CRVO vs JVA: 3-year weekly correlation -0.28CRVO vs JVA-0.28

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Hubs: CRVO correlations · JVA correlations