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EXTR vs VISN: Correlation

Measured on weekly returns over the past three years, Extreme Networks, Inc. (EXTR) and Vistance Networks, Inc. (VISN) carry a correlation of 0.44, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.59
last 12 months
Correlation (5Y)
0.41
long-run
Ann. covariance
2155.5
%² · weekly, annualized

How correlated are EXTR and VISN?

On 3 years of weekly data the EXTR/VISN correlation comes out at 0.44, moderate. The link has tightened recently: the 1-year correlation (0.59) runs above the 3-year figure (0.44). The 5-year figure is 0.41, and annualized covariance runs at 2155.5 %².

Among the 11 assets we track against EXTR, VISN ranks #5 by 3-year correlation. The last year tells two different stories: VISN led by 39.8 percentage points, +8.0% for EXTR against +47.8% for VISN. Risk is not evenly split, since VISN carries 2.3 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.

EXTR vs VISN: side by side

EXTR (Extreme Networks, Inc.)VISN (Vistance Networks, Inc.)
1-year return+8.0%+47.8%
5-year return+112.0%+50.2%
Volatility (ann.)46.3%105.2%
Beta vs S&P 5001.231.73
Max drawdown (3Y)-61.5%-76.6%
Market cap$3.0B$2.7B
P/E (trailing)72.6
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: EXTR -61.5% vs -76.6%Higher 5y return: EXTR +112.0% vs +50.2%
-36%0%+62%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). EXTR · VISN

Year-by-year returns

YearEXTRVISN
2022+16.6%-33.4%
2023-3.7%-61.6%
2024-5.1%+84.8%
2025-0.5%+248.0%
2026+39.5%+31.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are EXTR and VISN good diversifiers for each other?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between EXTR and VISN?

The EXTR/VISN correlation stands at 0.44 on a 3-year window (1 year: 0.59, 5 years: 0.41), computed from weekly returns as of 2026-08-27.

Is VISN a good diversifier for EXTR?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.44 mean?

A reading of 0.44 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/extr-vs-visn.json

EXTR vs VISN: 3-year weekly correlation 0.44EXTR vs VISN0.44

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Related comparisons

Hubs: EXTR correlations · VISN correlations