F vs PVLA: Correlation
How closely do Ford Motor Company (F) and Palvella Therapeutics, Inc. (PVLA) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are F and PVLA?
Over the past 3 years, F and PVLA moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.20 over 3 years. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -762.4 %².
Among the 35 assets we track against F, PVLA sits near the bottom by co-movement, at rank #31. Correlation aside, the last 12 months split them widely, with PVLA ahead by 143.7 points (+22.6% versus +166.3%). One caveat on sizing: PVLA is 2.9 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.
F vs PVLA: side by side
| F (Ford Motor Company) | PVLA (Palvella Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +22.6% | +166.3% |
| 5-year return | +45.8% | -62.3% |
| Volatility (ann.) | 36.1% | 105.3% |
| Beta vs S&P 500 | 1.06 | 0.24 |
| Max drawdown (3Y) | -36.5% | -77.6% |
| Market cap | $55.6B | $2.2B |
| P/E (trailing) | – | – |
| Dividend yield | 4.32% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | F | PVLA |
|---|---|---|
| 2022 | -42.2% | -72.5% |
| 2023 | +15.8% | -82.5% |
| 2024 | -13.1% | -17.6% |
| 2025 | +42.3% | +772.2% |
| 2026 | +10.0% | +43.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are F and PVLA good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between F and PVLA?
The F/PVLA correlation stands at -0.20 on a 3-year window (1 year: -0.03, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is PVLA a good diversifier for F?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/f-vs-pvla.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/f-vs-pvla/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: F correlations · PVLA correlations
