CVSA vs LAUR: Correlation
Covista Inc. (CVSA) and Laureate Education, Inc. (LAUR) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVSA and LAUR?
Across a 3-year window, the weekly returns of CVSA and LAUR correlate at 0.45, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.45 over 3. Stretching to 5 years gives 0.35, with an annualized covariance of 564.7 %².
Among the 16 assets we track against CVSA, LAUR ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LAUR ahead by 38.3 points (+4.5% versus +42.8%). Risk is not evenly split, since CVSA carries 1.7 times the volatility of the other side.
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.
CVSA vs LAUR: side by side
| CVSA (Covista Inc.) | LAUR (Laureate Education, Inc.) | |
|---|---|---|
| 1-year return | +4.5% | +42.8% |
| 5-year return | +282.8% | +426.4% |
| Volatility (ann.) | 46.4% | 27.2% |
| Beta vs S&P 500 | 0.67 | 0.57 |
| Max drawdown (3Y) | -42.1% | -16.3% |
| Market cap | $4.8B | $5.4B |
| P/E (trailing) | 18.4 | 17.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVSA | LAUR |
|---|---|---|
| 2022 | +20.1% | -9.9% |
| 2023 | +66.1% | +50.2% |
| 2024 | +54.1% | +33.4% |
| 2025 | +13.9% | +84.1% |
| 2026 | +36.0% | +15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVSA and LAUR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CVSA and LAUR?
As of 2026-08-27, the correlation of weekly returns between CVSA and LAUR is 0.45 over 3 years, 0.49 over 1 year and 0.35 over 5 years.
Is LAUR a good diversifier for CVSA?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CVSA correlations · LAUR correlations
