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
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 500 | 0.33 | 0.72 |
| Max drawdown (3Y) | -92.7% | -70.3% |
| Market cap | – | – |
| P/E (trailing) | – | 12.8 |
| Dividend yield | 0.00% | 2.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRVO | JVA |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/crvo-vs-jva.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crvo-vs-jva/)
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Related comparisons
Hubs: CRVO correlations · JVA correlations