KVHI vs LDOS: Correlation
Measured on weekly returns over the past three years, KVH Industries, Inc. (KVHI) and Leidos (LDOS) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVHI and LDOS?
Across a 3-year window, the weekly returns of KVHI and LDOS correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.22). Stretching to 5 years gives -0.07, with an annualized covariance of -286.3 %².
Among the 19 assets we track against KVHI, LDOS ranks #10 by 3-year correlation. The last year tells two different stories: KVHI led by 62.8 percentage points, +39.9% for KVHI against -22.9% for LDOS.
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.
KVHI vs LDOS: side by side
| KVHI (KVH Industries, Inc.) | LDOS (Leidos) | |
|---|---|---|
| 1-year return | +39.9% | -22.9% |
| 5-year return | -25.9% | +52.1% |
| Volatility (ann.) | 41.7% | 31.4% |
| Beta vs S&P 500 | 0.20 | 0.87 |
| Max drawdown (3Y) | -35.9% | -49.5% |
| Market cap | $0.1B | $17.6B |
| P/E (trailing) | – | 12.8 |
| Dividend yield | 0.00% | 1.23% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | KVHI | LDOS |
|---|---|---|
| 2022 | +11.2% | +20.0% |
| 2023 | -48.5% | +4.5% |
| 2024 | +8.4% | +34.5% |
| 2025 | +22.3% | +26.5% |
| 2026 | +10.8% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVHI and LDOS good diversifiers for each other?
Yes. With a correlation of -0.22, KVHI and LDOS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KVHI and LDOS?
As of 2026-08-27, the correlation of weekly returns between KVHI and LDOS is -0.22 over 3 years, -0.37 over 1 year and -0.07 over 5 years.
Is LDOS a good diversifier for KVHI?
Yes. With a correlation of -0.22, KVHI and LDOS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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
$ curl https://www.pairbook.io/api/v1/pairs/kvhi-vs-ldos.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kvhi-vs-ldos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KVHI correlations · LDOS correlations
