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HLLY vs VISN: Correlation

Holley Inc. (HLLY) and Vistance Networks, Inc. (VISN) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
-0.09
last 12 months
Correlation (5Y)
0.26
long-run
Ann. covariance
2916.3
%² · weekly, annualized

How correlated are HLLY and VISN?

On 3 years of weekly data the HLLY/VISN correlation comes out at 0.46, moderate. The link has loosened recently: the 1-year correlation (-0.09) runs below the 3-year figure (0.46). The 5-year figure is 0.26, and annualized covariance runs at 2916.3 %².

Within HLLY's tracked universe of 18 assets, VISN comes in at #10 by 3-year correlation. The last year tells two different stories: VISN led by 73.2 percentage points, -25.4% for HLLY against +47.8% for VISN. Note the risk asymmetry: VISN runs 1.8 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.

HLLY vs VISN: side by side

HLLY (Holley Inc.)VISN (Vistance Networks, Inc.)
1-year return-25.4%+47.8%
5-year return-74.8%+50.2%
Volatility (ann.)60.1%105.2%
Beta vs S&P 5001.331.73
Max drawdown (3Y)-70.2%-76.6%
Market cap$0.4B$2.7B
P/E (trailing)33.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: HLLY -70.2% vs -76.6%Higher 5y return: VISN +50.2% vs -74.8%
-38%0%+62%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). HLLY · VISN

Year-by-year returns

YearHLLYVISN
2022-83.7%-33.4%
2023+129.7%-61.6%
2024-38.0%+84.8%
2025+36.8%+248.0%
2026-28.1%+31.5%

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

Are HLLY and VISN good diversifiers for each other?

Reasonably. At 0.46, HLLY and VISN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between HLLY and VISN?

As of 2026-08-27, the correlation of weekly returns between HLLY and VISN is 0.46 over 3 years, -0.09 over 1 year and 0.26 over 5 years.

Is VISN a good diversifier for HLLY?

Reasonably. At 0.46, HLLY and VISN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.46 mean?

A reading of 0.46 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/hlly-vs-visn.json

HLLY vs VISN: 3-year weekly correlation 0.46HLLY vs VISN0.46

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Hubs: HLLY correlations · VISN correlations