FLNT vs PRVA: Correlation
Fluent, Inc. (FLNT) and Privia Health Group, Inc. (PRVA) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLNT and PRVA?
Over the past 3 years, FLNT and PRVA moved with a correlation of 0.33, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 897.8 %².
PRVA is one of the assets that tracks FLNT most closely: it ranks #3 out of the 10 assets we track against FLNT. Correlation aside, the last 12 months split them widely, with FLNT ahead by 57.6 points (+53.5% versus -4.1%). One caveat on sizing: FLNT is 2.3 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.
FLNT vs PRVA: side by side
| FLNT (Fluent, Inc.) | PRVA (Privia Health Group, Inc.) | |
|---|---|---|
| 1-year return | +53.5% | -4.1% |
| 5-year return | -77.2% | -36.0% |
| Volatility (ann.) | 78.8% | 34.7% |
| Beta vs S&P 500 | 1.29 | 0.73 |
| Max drawdown (3Y) | -65.8% | -40.0% |
| Market cap | $0.1B | $2.7B |
| P/E (trailing) | – | 94.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLNT | PRVA |
|---|---|---|
| 2022 | -45.2% | -12.2% |
| 2023 | -38.5% | +1.4% |
| 2024 | -37.3% | -15.1% |
| 2025 | -4.8% | +21.3% |
| 2026 | +54.2% | -12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLNT and PRVA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FLNT and PRVA?
The FLNT/PRVA correlation stands at 0.33 on a 3-year window (1 year: 0.39, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is PRVA a good diversifier for FLNT?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 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/flnt-vs-prva.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/flnt-vs-prva/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FLNT correlations · PRVA correlations
