KGEI vs NVR: Correlation
Measured on weekly returns over the past three years, Kolibri Global Energy Inc. (KGEI) and NVR, Inc. (NVR) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KGEI and NVR?
Across a 3-year window, the weekly returns of KGEI and NVR correlate at -0.25, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.25). Stretching to 5 years gives -0.02, with an annualized covariance of -292.8 %².
By 3-year correlation, NVR places #19 of the 27 assets tracked against KGEI. Their recent paths diverged sharply: over the last 12 months KGEI outperformed by 26.4 percentage points (+5.6% for KGEI against -20.8% for NVR). One caveat on sizing: KGEI is 2.2 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.
KGEI vs NVR: side by side
| KGEI (Kolibri Global Energy Inc.) | NVR (NVR, Inc.) | |
|---|---|---|
| 1-year return | +5.6% | -20.8% |
| 5-year return | +631.2% | +24.2% |
| Volatility (ann.) | 51.1% | 23.4% |
| Beta vs S&P 500 | 0.13 | 0.53 |
| Max drawdown (3Y) | -64.7% | -43.9% |
| Market cap | $0.2B | $17.0B |
| P/E (trailing) | 10.6 | 16.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | KGEI | NVR |
|---|---|---|
| 2022 | +391.7% | -21.9% |
| 2023 | +27.1% | +51.8% |
| 2024 | +41.9% | +16.8% |
| 2025 | -26.1% | -10.8% |
| 2026 | +48.9% | -12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KGEI and NVR good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between KGEI and NVR?
The KGEI/NVR correlation stands at -0.25 on a 3-year window (1 year: -0.39, 5 years: -0.02), computed from weekly returns as of 2026-08-27.
Is NVR a good diversifier for KGEI?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 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
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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kgei-vs-nvr/)
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Related comparisons
Hubs: KGEI correlations · NVR correlations
