CVSA vs LINC: Correlation
Covista Inc. (CVSA) and Lincoln Educational Services Corporation (LINC) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVSA and LINC?
Across a 3-year window, the weekly returns of CVSA and LINC correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 1189.9 %².
Few assets follow CVSA as closely as LINC, which ranks #3 of 16 tracked partners. Their recent paths diverged sharply: over the last 12 months LINC outperformed by 24.7 percentage points (+4.5% for CVSA against +29.2% for LINC).
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 LINC: side by side
| CVSA (Covista Inc.) | LINC (Lincoln Educational Services Corporation) | |
|---|---|---|
| 1-year return | +4.5% | +29.2% |
| 5-year return | +282.8% | +298.9% |
| Volatility (ann.) | 46.4% | 49.6% |
| Beta vs S&P 500 | 0.67 | 0.89 |
| Max drawdown (3Y) | -42.1% | -55.4% |
| Market cap | $4.8B | $0.8B |
| P/E (trailing) | 18.4 | 35.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVSA | LINC |
|---|---|---|
| 2022 | +20.1% | -22.5% |
| 2023 | +66.1% | +73.4% |
| 2024 | +54.1% | +57.6% |
| 2025 | +13.9% | +52.7% |
| 2026 | +36.0% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVSA and LINC good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CVSA and LINC?
As of 2026-08-27, the correlation of weekly returns between CVSA and LINC is 0.52 over 3 years, 0.48 over 1 year and 0.42 over 5 years.
Is LINC a good diversifier for CVSA?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/cvsa-vs-linc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cvsa-vs-linc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CVSA correlations · LINC correlations
