CVKD vs RVSN: Correlation
How closely do Cadrenal Therapeutics, Inc. (CVKD) and Rail Vision Ltd. (RVSN) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVKD and RVSN?
On 3 years of weekly data the CVKD/RVSN correlation comes out at 0.35, moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 12494.6 %².
By 3-year correlation, RVSN places #4 of the 10 assets tracked against CVKD. The trailing year gives CVKD the advantage: -88.8% versus -98.7%, a 9.9-point spread. One caveat on sizing: RVSN is 3.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CVKD vs RVSN: side by side
| CVKD (Cadrenal Therapeutics, Inc.) | RVSN (Rail Vision Ltd.) | |
|---|---|---|
| 1-year return | -88.8% | -98.7% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 94.8% | 373.5% |
| Beta vs S&P 500 | 1.51 | 1.92 |
| Max drawdown (3Y) | -94.4% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVKD | RVSN |
|---|---|---|
| 2023 | – | -83.3% |
| 2024 | +30.5% | +38.5% |
| 2025 | -53.2% | -84.6% |
| 2026 | -76.9% | -98.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVKD and RVSN good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CVKD and RVSN?
The CVKD/RVSN correlation stands at 0.35 on a 3-year window (1 year: 0.32, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RVSN a good diversifier for CVKD?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 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/cvkd-vs-rvsn.json
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[](https://www.pairbook.io/pair/cvkd-vs-rvsn/)
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Hubs: CVKD correlations · RVSN correlations
