KVHI vs SDA: Correlation
Measured on weekly returns over the past three years, KVH Industries, Inc. (KVHI) and SunCar Technology Group Inc. (SDA) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVHI and SDA?
Over the past 3 years, KVHI and SDA moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.58) than the 3-year average (-0.31). Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -1096.3 %².
Out of 19 assets tracked against KVHI, SDA lands near the bottom at #19. Correlation aside, the last 12 months split them widely, with KVHI ahead by 110.6 points (+39.9% versus -70.7%). One caveat on sizing: SDA is 2.0 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.
KVHI vs SDA: side by side
| KVHI (KVH Industries, Inc.) | SDA (SunCar Technology Group Inc.) | |
|---|---|---|
| 1-year return | +39.9% | -70.7% |
| 5-year return | -25.9% | -92.6% |
| Volatility (ann.) | 41.7% | 84.1% |
| Beta vs S&P 500 | 0.20 | 0.35 |
| Max drawdown (3Y) | -35.9% | -95.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KVHI | SDA |
|---|---|---|
| 2022 | +11.2% | +4.3% |
| 2023 | -48.5% | -20.3% |
| 2024 | +8.4% | +17.0% |
| 2025 | +22.3% | -79.1% |
| 2026 | +10.8% | -63.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVHI and SDA good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KVHI and SDA?
The KVHI/SDA correlation stands at -0.31 on a 3-year window (1 year: -0.58, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is SDA a good diversifier for KVHI?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kvhi-vs-sda.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kvhi-vs-sda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KVHI correlations · SDA correlations
