DVA vs PRPO: Correlation
Measured on weekly returns over the past three years, DaVita (DVA) and Precipio, Inc. (PRPO) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and PRPO?
Over the past 3 years, DVA and PRPO moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.22) sits close to the 3-year figure. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -626.4 %².
Among the 38 assets we track against DVA, PRPO ranks #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PRPO ahead by 61.9 points (+30.0% versus +91.9%). One caveat on sizing: PRPO is 1.7 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.
DVA vs PRPO: side by side
| DVA (DaVita) | PRPO (Precipio, Inc.) | |
|---|---|---|
| 1-year return | +30.0% | +91.9% |
| 5-year return | +36.4% | -55.4% |
| Volatility (ann.) | 40.9% | 71.4% |
| Beta vs S&P 500 | 0.38 | 0.51 |
| Max drawdown (3Y) | -41.4% | -55.6% |
| Market cap | $11.4B | $0.1B |
| P/E (trailing) | 15.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | PRPO |
|---|---|---|
| 2022 | -34.4% | -65.1% |
| 2023 | +40.3% | -41.0% |
| 2024 | +42.8% | -14.8% |
| 2025 | -24.0% | +314.8% |
| 2026 | +57.5% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and PRPO good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between DVA and PRPO?
As of 2026-08-27, the correlation of weekly returns between DVA and PRPO is -0.21 over 3 years, -0.22 over 1 year and -0.07 over 5 years.
Is PRPO a good diversifier for DVA?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dva-vs-prpo.json
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[](https://www.pairbook.io/pair/dva-vs-prpo/)
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Related comparisons
Hubs: DVA correlations · PRPO correlations
