DVA vs PRZO: Correlation
Measured on weekly returns over the past three years, DaVita (DVA) and ParaZero Technologies Ltd. (PRZO) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and PRZO?
On 3 years of weekly data the DVA/PRZO correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1951.0 %².
PRZO is close to the least connected end of DVA's tracked universe, ranking #36 of 38. Their recent paths diverged sharply: over the last 12 months DVA outperformed by 72.3 percentage points (+30.0% for DVA against -42.3% for PRZO). Note the risk asymmetry: PRZO runs 4.2 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.
DVA vs PRZO: side by side
| DVA (DaVita) | PRZO (ParaZero Technologies Ltd.) | |
|---|---|---|
| 1-year return | +30.0% | -42.3% |
| 5-year return | +36.4% | n/a |
| Volatility (ann.) | 40.9% | 172.1% |
| Beta vs S&P 500 | 0.38 | 1.95 |
| Max drawdown (3Y) | -41.4% | -88.0% |
| Market cap | $11.4B | – |
| P/E (trailing) | 15.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | PRZO |
|---|---|---|
| 2022 | -34.4% | – |
| 2023 | +40.3% | – |
| 2024 | +42.8% | +185.5% |
| 2025 | -24.0% | -59.9% |
| 2026 | +57.5% | -4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and PRZO good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between DVA and PRZO?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.28 over the last year and n/a over 5 years.
Is PRZO a good diversifier for DVA?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
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/dva-vs-przo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dva-vs-przo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DVA correlations · PRZO correlations
